Video game publisher Capcom posted its biggest single-day share gain in 18 months on Wednesday after December-quarter earnings beat expectations, helped by unexpectedly strong sales of older titles that bolstered optimism the company will surpass forecasts.
The stock rose as much as 12% on Wednesday, the sharpest intraday jump since the summer of 2024, as investors recalibrated expectations for the creator of the Street Fighter and Resident Evil series. The latter franchise of horror action games was a particular highlight over the December period, with several games doing better than anticipated.
The Osaka-based entertainment company on Tuesday said game sales for the nine months through December rose 13.5% from a year earlier to a…