Flexion Mobile: Exaggerated share price decline - Redeye

Flexion’s shares are down more than 15% following a report by the newspaper "Affärsvärlden" about a lawsuit filed by the major mobile gaming company Kabam. In the lawsuit, Kabam claims that Flexion has not paid USD2m in, among other things, integration fees agreed upon by the parties. According to Redeye, the share price decline is exaggerated, given the trust discount at which the stock is already trading.

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