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Investors Bail on UBISOFT | Company Collapsing with Calls for CEO to Resign
Ubisoft suffered a massive loss in the company’s value following the failure of Star Wars Outlaws as well as an announcement from the company that Assassin’s Creed Shadows will be delayed by 5 months.
Numerous times over the past year Ubisoft has had to adjust down expectations for quarterly earnings and shareholders are concerned the leadership is not capable of correcting things. Many have called to take the company private while others are calling to replace those in charge. Right now it seems certain Ubisoft is not happy with the sales results for Star Wars Outlaws and are concerned about the potential for Assassin’s Creed Shadows.
Sources:
►That Park Place:
Financial Analyst Describes Ubisoft’s Sales Collapse And Delaying Of ‘Assassin’s Creed Shadows’ As “Total Meltdown” As Stock Price Collapses
https://thatparkplace.com/financial-analyst-describes-ubisofts-sales-collapse-and-delaying-of-assassins-creed-shadows-as-total-meltdown-as-stock-price-collapses/
►The Gamer:
Ubisoft Isn't "Pushing Any Specific Agenda" With Assassin's Creed Shadows
https://www.thegamer.com/ubisoft-isnt-pushing-specific-agenda-assassins-creed-shadows/#:~:text=Ubisoft%20has%20addressed%20what%20is,specific%20agenda%20with%20its%20games%22.
#Ubisoft #AssassinsCreed #StarWarsOutlaws
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