Ubisoft Stock Plummets as Assassin's Creed Team Announces Restructuring and Cancels Multiple Games
Deep News
Jan 22
French video game publisher Ubisoft announced a large-scale business restructuring and the cancellation of six game development projects, leading to a sharp decline in its stock price on Thursday.
As the developer of the Assassin's Creed game series, Ubisoft's stock fell by nearly 30% after a delayed market opening, leading the declines on the index of France's 120 most-traded small and mid-cap stocks.
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