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Ubisoft Shares Plummet 22%
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More bad news.
Published: 8:45, 17/11/2010 by Dan Lee.
3Crikey I feel a bit depressed this morning. Between this and numerous redundancies and closures, it seems like I’ve done nothing but bring you bad news. In the wake of its first-half net loss of €89.8 million Euros, Ubisoft’s shares have dived 22% to €7.50. This is the biggest drop since at least 1996.
I’m now scooting about trying to find some good news…well it’s only a week until GT5′s release! Hurrah!
Source: Bloomberg
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Disclaimer: All comments are the opinion and responsibility of the individual author and not TheSixthAxis. You must read and agree to our terms before reading and commenting on this site. User comments are not always moderated by TheSixthAxis.
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17/11/2010 at 09:12
Member since: Jun 2010
I still think it would be a lot better for these companys to release AAA titiles through out the the year rather than within this two month window just before christmas. Then this sort of boom, bust cycle companys seem to go through would be leveled out, maybe.
17/11/2010 at 09:14
Member since: Jul 2010
GT5 has been delayed for ’til the 26th (for now)….
17/11/2010 at 09:16
Member since: Aug 2009
Sorry Dan, it looks like your day is getting more depressing, just seen the GT 2 day Europe(not UK) delay. You had to ginx it didn’t you and mention GT in your article. :)
I hope Ubisoft can bounce back from this. Wonder if any of the other companies are looking at a buy out of them?
17/11/2010 at 09:27
Member since: Jun 2010
lol I quit!
17/11/2010 at 09:33
Member since: Aug 2009
I baggsy Dan’s job! :)
17/11/2010 at 18:14
Member since: May 2010
You will have to go through me. :P
17/11/2010 at 09:38
Member since: Aug 2009
Great… less motion games the better Ubisoft must stop that
17/11/2010 at 09:46
Member since: Apr 2010
Bad news for Ubi, hope they bounce back they’re one of my favourite developers/publishers. I don’t know how they have so much of a drop, they have got some quality franchises Assasin’s Creed, Prince of Persia, Splinter Cell. Maybe this recent drop in figures will convince Ubi to go multiplatform when they can in future though instead of doling out bull**it excuses for exclusiity. I’m looking at you Splinter Cell: Conviction
18/11/2010 at 20:58
Member since: Sep 2010
bravo.
17/11/2010 at 09:52
Member since: Forever
Lose a load of money in half the year, go crying to their government about needing even more money in tax breaks, then when the half year comes round with the bumper profits in they pay less or no tax on it
17/11/2010 at 09:55
Member since: Oct 2009
I wonder if this is related to their imbecilic PC DRM. Probably PC versions of their games haven’t been Ubi’s main source of income. But from what I read I’m not the only one who thinks twice before buying Ubisoft products, PC or otherwise, ever since they introduced it.
And I DO buy Ubisoft games, only nowhere near as frequently as I used to.
17/11/2010 at 12:20
Member since: Jan 1970
Where is another Rainbow 6?
18/11/2010 at 21:01
Member since: Sep 2010
im so confused,i thought it was going very well for ubisoft,they have alot of great games under their belt along with the release of a new assassins creed.it just doesn’t make any sense.