Midway Sealed its Fate: 'Stranglehold' Won't Ease the Pain, Says Analyst

Video-game publisher Midway Games (MWY - Cramer's Take - Stockpickr) may have just sealed its fate.
Stranglehold, the company's biggest release of the year, debuted Wednesday to lackluster reviews, dashing any remaining investor hope that Midway might halt its descent into obscurity.

But with Stranglehold's stumble, the outlook for investors could turn bleak. Poor game sales could kill hopes that the company may turn the title into a franchise. Midway still has its long-running Mortal Kombat and Unreal Tournament franchise