Ubisofts stock tanked this morning ahead of the markets opening

It's really a sad seeing Ubisoft going from a trendsetter up until Far Cry 3, to being a failed trend chaser.

Why don't they just start using ai to generate games? Its cheaper and no one will notice.

Was ubisoft ever okay though? They always have problems going on whether it be a hostile takeover or this, but they always bounce back somehow surprisingly.

“Tanked”

Checks graph

19% is a hit but I wouldn’t call it tanked.

Some stocks are just volatile. Here is the full history:

AAAA stock

Ubisoft will have to get used to people not owning their games.

Has something in particular been happening lately? I feel like Ubisoft has sucked for quite a while, but their stock price was fine until relatively recently, right?

You can make any graph look bad if you control the axis bounds weirdly like this.

Not that I have good things to say about ubisoft, but at a glance one would assume their stock value plummeted to zero, which is not the case.

It's been tanking for a lot longer than that

I hate graphs that don't start the Y axis at zero.

That said, fuck ubisoft.

I am curious if the games community has anything positive to say about major publishers at this point.

It’s fun to laugh at one failure, and it’s nice we still get occasional great indie hits. But when most major publishers fail to turn out anything of interest, and even Sony is kind of reaching vanishing expectations amid remasters of remasters, it becomes hard to even suggest what to buy an unknowledgeable kid for Christmas.

Buy buy buy?

not really news.. This is a 1 years graph.. its been going downward for some time

I guess the anti-woke crowd is having a hard-on rn. I don't play ubisoft's games but I know a lot of good persons who work there around Quebec, and many of them fear losing their jobs.

Ubisoft made some of my favorite games as a kid. Real shane shitty management and a culture of sexual harassment have ruined their legacy

It didn't tank this morning. It's been going downhill for exactly a month.

You could could say their stock went limp. They be soft.

hiring sweet baby inc and then going full crazy on those DEI woke rubbish certainly did the job.

leave the woke bullshit to the woke idiots,leave the games alone.

-20% what did I miss?!

There's going to be a new CEO by the end of the FY.

I thought from this graph that the stock had tanked to pennies.

It lost about 20% of its value, looks like

Am I too stupid to understand the X Axes? 1Day, 1Week... that makes no sense at all

Oh no, people trading in make-belief money are losing or gaining some of their make-belief money selling the make-belief money to each other! 😱