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Snail (SNAL) Stock News, May-Jul 2024

SNAL Nasdaq

Snail, Inc. develops and publishes interactive digital entertainment through Snail Games, with games distributed across platforms such as PC, consoles and mobile devices. Company news commonly covers the ARK franchise, including ARK: Survival Evolved and ARK: Survival Ascended, as well as catalog promotions, downloadable content, player-community updates and financial results.

Recurring updates also include publishing activity under the Wandering Wizard indie label, new releases such as Above The Snow, portfolio additions such as Dead Party, and internally developed projects including For The Stars. The company’s announcements emphasize a broader game pipeline that combines established franchises, indie titles, multiplayer experiences and premium intellectual property.

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Snail, Inc. (Nasdaq: SNAL), a global independent developer and publisher of interactive digital entertainment, has announced that its indie branch, Wandering Wizard, has acquired publishing rights to two new horror games. The first game, The Cecil, is a first-person action game set in The Cecil Hotel, where players must find their missing wife while uncovering dark secrets. The second game, Chasmal Fear, is a next-gen tactical shooter survival horror game built in Unreal Engine 5, featuring a mysterious underwater facility and mutating monsters.

These acquisitions are part of Snail Games' strategy to boost attention to their indie game sector and expand Wandering Wizard's audience. The immersive nature of these horror games is expected to captivate players and draw them into the broader catalog of Wandering Wizard games, potentially increasing the overall popularity and success of Snail Games' indie branch.

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Snail Games (Nasdaq: SNAL) has announced the upcoming release of ARK: Ultimate Survivor Edition for iOS and Android mobile platforms. This adaptation brings the full-scale PC game experience to mobile devices, potentially tapping into a massive market and broadening the game's global reach. Developed in partnership with Grove Street Games, the mobile edition will initially launch with the ARK Island and Scorched Earth expansion maps, aiming to include all maps by the end of 2025.

The game features stunning graphics, over 150 dinosaurs and primeval creatures to tame, multiplayer tribe dynamics, and extensive crafting systems. This launch represents a significant growth opportunity for Snail Game's ARK franchise, making it more accessible to players worldwide who may not have high-end PCs but own mobile devices capable of supporting the game.

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Snail (Nasdaq: SNAL), a global leader in interactive digital entertainment, has announced its participation in the Steam Summer Sale running until July 11, 2024. This initiative aims to boost sales and expand its global presence in the gaming community. As part of the sale, Snail's new game, Bellwright, is available at a 10% discount and includes a major update with various enhancements. Significant discounts are also offered on Snail's flagship ARK franchise, including ARK Survival Ascended (20% off), PixARK (75% off), and ARK Park (80% off). PixARK has a new update introducing the Ice Demon Scorpion. Wandering Wizard, Snail's indie publishing branch, is also offering discounts on games like West Hunt and Zombie Within, each with new updates. The sale aims to attract new players and boost revenue.

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Snail Games (Nasdaq: SNAL), a global developer and publisher, announced that ARK: Survival Ascended's ARK x POWER RANGERS Premium Mod achieved over half a million downloads in its first week. The game's partnership with CurseForge extends modders' reach and enhances player experience across platforms. The revenue-sharing model offers mod creators a 50% share, fostering innovation. With over 190 million mod downloads, ARK: Survival Ascended empowers modders using Unreal Engine 5 to create high-quality mods. This model maximizes the game's replayability and transforms its base gameplay.

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Snail Games (Nasdaq: SNAL) is set to announce the official title for their new space-themed survival game, currently referred to as 'Project Hermes,' by the end of summer 2024. Known for the ARK franchise and 'Bellwright,' Snail Games aims to redefine the open-world genre, transforming it into an 'open universe' experience. This game focuses on space exploration, allowing players to discover diverse planets, uncover secrets of alien civilizations, and harness resources. Snail Games invites gamers to join the 'Project Hermes' Discord server for updates and exclusive access opportunities. This new title is expected to enhance Snail Games' strong position in the survival genre, contributing to its sustainable growth.

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Snail, a prominent developer and publisher of digital entertainment, has announced a new collaboration with CurseForge and Hasbro, integrating the POWER RANGERS franchise into ARK: Survival Ascended. This mod, featuring unique abilities and gear, enhances player experience and exemplifies ARK's versatile modding system. The modding program, powered by Unreal Engine 5, allows creators to monetize content across multiple platforms, contributing to the game's revenue growth and long-term potential. This initiative supports the independent game development community and adds fresh, engaging content to the ARK franchise, which has seen over 100 million mods downloaded.

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Snail Games has announced a major free update for ARK: Survival Ascended, called 'The Center.' This expansion introduces a new map double the size of a standard ARK island, featuring diverse biomes, new challenges, and endgame boss encounters. 'The Center,' previously a popular modded map in ARK: Survival Evolved, now utilizes Unreal Engine 5 for enhanced visuals and gameplay. Along with the map, new creatures, including Shastasaurus and Pyromane, are introduced. The Pyromane, priced at $4.99, is part of a new class of premium creatures. This update aims to enrich player experience and boost engagement.

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Snail Games (Nasdaq:SNAL) has launched an official e-commerce store for its game 'West Hunt' on the Nintendo Switch platform. This expansion allows players to purchase exclusive items such as unique character skins and pets, enhancing their gameplay experience. The update also introduces new influencer skins featuring popular streamers like Grizzy, BigPuffer, and Blarg. Snail Games aims to boost player engagement and revenue through these digital enhancements. COO Peter Kang highlights the launch as a key strategy to deliver more value to players and broaden revenue streams.

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Snail (Nasdaq: SNAL) has announced the launch of premium mods for ARK: Survival Ascended on consoles, marking it as the first game to offer Unreal Engine 5 generated mods on this platform.

This strategic move aims to enhance monetization opportunities for professional modders while enriching the gaming experience for players. Modders will now have access to professional tools and a 50% revenue-sharing model, fostering innovation in the ARK Universe.

This update follows the successful Steam Early Access release of Bellwright, further demonstrating Snail's commitment to growth and player engagement.

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Snail (Nasdaq: SNAL) has announced the successful Early Access launch of Bellwright, a town-building survival RPG, on Steam. Within a short period, the game has sold over 200,000 units and amassed 822,628 wishlists, indicating substantial potential for growth. The game boasts higher player retention rates and persistent concurrent user numbers, with many players spending over 20 hours in-game. Snail's COO, Peter Kang, expressed optimism about the positive community response and looks forward to the full release of Bellwright.

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FAQ

What is the current stock price of Snail (SNAL)?

The current stock price of Snail (SNAL) is $2.17 as of October 2, 2026.

What is the market cap of Snail (SNAL)?

The market cap of Snail (SNAL) is approximately 19.4M.