Ubisoft Stock PLUMMETS After Yasuke Lies! Assassin's Creed Shadows RUINED
Ubisoft is facing significant challenges as its stock price has plummeted over 12% in the last five days, despite exceeding its own sales predictions. The company's net bookings of €290 million ($315.16 million) for the first quarter were below analysts' expectations of €376 million, contributing to this decline. Year-to-date, Ubisoft's stock is down 14.73%, 31.53% over the past year, and a staggering 74.73% over the past five years, indicating a troubling trend.
The recent controversies surrounding Assassin's Creed Shadows and Star Wars Outlaws have only added to Ubisoft's woes. Assassin's Creed Shadows faces backlash, particularly in Japan, due to historical inaccuracies and perceived DEI agenda pushing. Meanwhile, Star Wars Outlaws is also under scrutiny, with negative player sentiment already casting a shadow over its anticipated release.
In light of these issues, Ubisoft's CEO, Yves Guillemot, highlighted the company's performance, mentioning the launch of XDefiant and the promising pipeline of content. However, the disconnect between Ubisoft's optimistic projections and the actual concerns of the gaming community is evident.
Additionally, the delay of two mobile games, Rainbow Six Mobile and The Division Resurgence, has raised further doubts about Ubisoft's strategy and execution. Investors are clearly uneasy, reflected in the significant drop in stock price.
This situation underscores the importance for Ubisoft to genuinely engage with its player base and address their concerns, rather than merely focusing on promotional narratives. The upcoming releases of Star Wars Outlaws and Assassin's Creed Shadows will be crucial in determining whether Ubisoft can regain its footing.
-
8:26
8-Bit Eric (8BE)
5 days ago $0.59 earnedRobert Downey Jr. Returns to MCU as Dr. Doom – Desperate Move?
6812 -
59:46
The StoneZONE with Roger Stone
11 hours agoChristian Prophet Robin Bullock: “Trump Hit Foreseen in Bible’s Story of Two Kings” | The StoneZONE
69.4K33 -
2:01:53
Adam Does Movies
19 hours agoWhich Deadpool Movie Is Actually The Best? Deadpool Movies Ranked - LIVE!
67.2K2 -
1:17:36
Edge of Wonder
12 hours agoThe Sphinx Was Built by Assyrians? 1890s Newspaper Confirms Origin of Pyramids
58.8K7 -
1:59:34
2 MIKES LIVE
10 hours ago2 MIKES LIVE #99 OPEN MIKE FRIDAY!
52.9K5 -
1:39:02
Isabel Brown
13 hours agoI got MARRIED (!!) & My HUSBAND & I Answer Your Questions | Isabel Brown LIVE
74.1K20 -
1:58:57
Revenge of the Cis
12 hours agoEpisode 1359: Flip A Coin
82.3K42 -
1:03:02
In The Litter Box w/ Jewels & Catturd
1 day agoTicket No One Voted For | In the Litter Box w/ Jewels & Catturd – Ep. 618 – 8/2/2024
91K76 -
1:03:46
Twins Pod
1 day ago5 Child PREDATORS Caught Every Week! | Twins Pod - Episode 24 - Alex Rosen
108K49 -
8:18:40
Tommy's Podcast
16 hours agoE504: Fever Stream
69.3K3