Ageing Angry Birds hit Rovio 2019 outlook, shares plummet

(Reuters) - The Finnish maker of Angry Birds games cut its 2019 earnings outlook on Thursday due to lower-than-expected revenue from brand licensing and from older games, wiping off a quarter of the value of Rovio Entertainment's share price.Rovio, whose Angry Birds celebrate their 10th anniversary this year, said it would boost investment in promoting new games.The company, whose shares fell 24% at 4.12 euros ($4.54) in early trade, said 2019 revenue was expected to be 295 million to 310..