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Ubisoft’s Shares Plunge 25% After Recent News

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Ubisoft’s shares have plunged 25 percent as the result of yesterday’s recent news. Yesterday, Ubisoft announced that Watch_Dogs would be delayed into Spring 2014. In addition, we also learned about the disappointing sales performance of “Splinter Cell: Blacklist” and “Rayman Legends”. Ubisoft has lowered their full-year sales forecast by more than €400 million (30 percent).

The combination of all of these announcements aren’t sitting well with investors. It will be interesting to see how the sales performance of “Assassin’s Creed 4” compares to last year’s Assassin’s Creed 3.

Here is a snapshot of Ubisoft’s performance at the moment. Please keep in mind that these results will change throughout the day.

(Click on screenshot below to enlarge it.)

Ubisoft

 

Source:  Google Finance

One Reply to “Ubisoft’s Shares Plunge 25% After Recent News”

  1. I was not looking forward to this kind of news.  Ubisoft certainly doesn’t deserve so much flak, and although they kind of set themselves up for it with Rayman, I remain fearful for the future of Splinter Cell’s Ubisoft Toronto.  Here’s hoping the new year is kinder…

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