Ubisoft's stock price fell 10% after the second vote was delayed

2025-02-07 01:58:29|Myriagame |source：minecraft skins

Ubisoft has just released the company's strategic update, and the news of its stock price falling again.Ubisoft shares fell 10.46%, a response to Assassin's Creed: Shadow and Ubisoft's "strategic updates" according to Kantan Games analyst Dr. Serkan Toto.

On January 9, Ubisoft released a strategic update in the Investor Relations section of its website.In this vaguely worded statement, Ubisoft revealed that it “has appointed a chief adviser to review and seek various transformation strategies and capitalist options to gain the maximum value of stakeholders. This process will be made by independent members of the board of directors.Supervision. Once the transaction is implemented, Ubisoft will notify the market in accordance with applicable regulations.”

Rumors that Ubisoft may be fully or partially acquired by another company have been circulating since last year.Although preliminary reports that Tencent may acquire Ubisoft in October 2024 slightly boosted the French gaming company's share price, Ubisoft shares have been priced over the past 12 months due to uncertainty about the company's future direction and issues with its largest game release.It fell by about 45%.

Ubisoft's controversial game "Assassin's Creed: Shadow" has been postponed again and is currently aiming for release on March 20, and will be available on PC, PS5, Xbox Series X|S and Mac.

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