Ubisofts stock tanked this morning ahead of the markets opening - eviltoast
  • Destide@feddit.ukOP
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    2 months ago

    You are correct, it’s been on a downward slope since about 2021 but had a another sharp dip this morning probaly following the news they were delaying Asassins Creed

    • Bahnd Rollard@lemmy.world
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      2 months ago

      A rushed game is usually pretty bad, a delayed game is eventually good. While I dont hold AC in very high regard, im glad they told people that it needs more time to cook instead of throwing it out there half-baked.

          • ours@lemmy.world
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            2 months ago

            Such a tragedy. And that was a game that just needed a tech upgrade, expand a bit, more of the same, nothing crazy.

            • M0oP0o@mander.xyz
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              2 months ago

              They tryed to put a story in ksp2. That’s how bad they misunderstood the franchise.

              Oh and you can still join the discord if you want to talk to people who still believe in ksp2 (its fascinating).

            • tibi@lemmy.world
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              2 months ago

              To be fair, those tech upgrades aren’t exactly trivial to do, and most programmers aren’t skilled enough to do it.

              These kinds of projects need very careful management to avoid running overtime and over budget.

              • ours@lemmy.world
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                2 months ago

                I don’t know, the first one was cobbled up together from early access by programmers at a marketing firm and while janky (part of the charm some would say), it was quite an achievement.

                The approach which should have delivered better results was wrecked with takeovers and company drama then dumped to the public in a bad state.

      • tomi000@lemmy.world
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        2 months ago

        Yea. Really sad to see the price theyre paying for making the right decision once is 20% of their stock price…

      • SirDerpy@lemmy.world
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        2 months ago

        Quartery earnings report due 10/25. There’s no reason to sit capital here if there’s no catalyst for change.

      • Altima NEO@lemmy.zip
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        2 months ago

        It’s not much of a delay. It was supposed to come out in 2 months, but delayed another 2 months. Doesn’t seem like much time to get any real work done.

        They also cancelled their premier at the Tokyo game show days before schedule. I have to wonder if they’re worried about the backlash that a lot of games are getting lately (Dustborn, Concord, etc) and just trying to push the game a little bit further out to avoid controversy?