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Stock impact report

Snail Games Announces Major Steam Publisher Sale with Discounts on Top Titles and New Updates

Snail, Inc. - Class A (SNAL) 
Company Research Source: PR Newswire
CULVER CITY, Calif., Aug. 29, 2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company") is proud to announce its latest Steam Publisher Sale, offering players exclusive discounts on some of the Company's top titles from August 29, 2024 at 10:00 AM (pst) until September 4, 2024. This periodic event not only creates immense value for gamers but also presents significant financial advantages for our Company. Historically, Snail Games has experienced a significant boost in sales during these events, with an average of 520% increase in the number of units sold per day during the publisher sales in the past year compared to the average number of units sold per day during non-promo periods.These sales are essential in maintaining a consistent revenue stream while fostering long-term player engagement. By providing discounts and exciting new content updates, Snail Games capitalizes on increased visibility across digital storefronts, resulting in both higher sales and su Show less Read more
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