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4Kids' Losses Mount in Second Quarter
posted on by Egan Loo
The licensing and production company Dinosaur King. As a result of the announcement, 4Kids' shares lost 5.9% of their value, and were trading at US$8.39 at the close of business on Monday. They have since climbed slightly to US$8.75. Net losses for the first half of the year now stand at almost US$12 million.
According to 4Kids CEO The CW Network and on Fox, prospects for the rest of the year and the first half of 2009 will be brighter.
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