DeNa, the company related to Pokémon, has seen its stock shoot up by 6% following the news of releasing an expansion pack for the Pokémon TCG Pocket game. The buzz is in contrast to the disapproval of the company’s lawsuit against Palworld.
The surge is coming after the announcement on March 21 about the release of the ‘Shining Revelry’ expansion pack for its Pokémon TCG Pocket mobile game. According to its official trailer, the game is set to release on March 27, with the expansion featuring favorites like Charizard Ex.
“The new Shining Revelry-themed booster pack allows players to discover a variety of Shiny Pokémon cards—featuring fan-favorites such as Charizard ex, Lucario ex, and Pachirisu—by opening digital booster packs and using the wonder pick feature,” the company said.
DeNa stock spikes amid Palworld lawsuit
In the past five days, DeNa has seen its shares surge due to the news of the release on March 27. The excitement in Japan and overseas has been commendable, despite the mobile game adorning a different name in both locations. DeNa shares are presently down 10.96% over the past month, but up by 14% year-to-date.
Despite the recent success that the firm has enjoyed, things are not going well. The players and other gaming fans are still angry over the ongoing legal battle with runway indie game creator Palworld for alleged intellectual property infringement (IP). The creator of the game mentioned that necessary steps were taken to ensure that they did not violate any copyright infringement.
Also, many Palworld fans think the lawsuit, which is backed by Nintendo, is misguided and shows a lack of humor. In February, Nintendo saw a U.S. patent approved, which could be leveraged to take the game creator showdown global, as it is currently confined to Japan’s legal system.