This company’s share price has fallen to its lowest level in almost 11 years, marking a critical point for the company. On Wednesday, shares closed at 11.40 euros (about $12.05), but opened today at 9.76 euros ($10.32). During the course of the day, the price fell to 9.19 euros ($9.72), being the lowest value recorded since November 2013, when it briefly touched 9.27 euros.
The drop has been considerable in recent years. From their all-time high of 102.95 euros in July 2018, shares of Ubisoft They have lost about 89% of their value. In October 2020, the shares were still around €82.96, but they have fallen consistently since then. The recent debacle began after the release of Star Wars Outlaws in August, when a drop in price was reported in early September.
The slide intensified after Wednesday’s announcement that the launch of Assassin’s Creed Shadowswhich was scheduled for November 2024, was moved to February 14, 2025. In addition, the company announced that it will abandon its traditional Season Pass model, offering the first expansion for free to those who pre-order the game.
At a conference, the company tried to calm fears about the impact the newly announced could have. Ghost of Yōtei of sony in the sales of its new game, since both games will be released in 2025. The company is also focused on improving the quality of its Star Wars after a launch with disappointing sales, despite its initial good reviews.
Via: VGC
Author’s note: Ubisoft’s streak is definitely not the best, and now they will have to see how to regain the attention of fans to generate millions again. Let’s hope that in a short time things will go back to normal.
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