Ubisoft’s Bold Move Backfires: Stock Crashes Despite Tencent Deal - theGeek.games
2 Articles
2 Articles
Ubisoft’s Bold Move Backfires: Stock Crashes Despite Tencent Deal - theGeek.games
Bad news continues to plague Ubisoft as its ambitious restructuring strategy triggers a stock market crash. Despite Tencent’s investment, the Assassin’s Creed publisher has seen its value drop by 19.61% since launching a new IP-focused subsidiary. Ubisoft is facing an unprecedented moment in its history. After a string of disappointing developments — including the underwhelming performance of Star Wars Outlaws and the shutdown of XDefiant — th…
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