Game Ubisoft, one of the most turbulent companies in the world, showed that things were not getting better after the financial report it shared recently. Upon this Ubisoft share price It decreased by 14 percent to 2015 levels.
Ubisoft share price has fallen 500 percent in five years
Ubisoft shares have lost nearly 500 percent of their value since 2018. The latest loss of value was due to scandals with the company’s two biggest games, Star Wars: Outlaws and Assassin’s Creed: Shadows.
Star Wars Outlaws came under fire for being a very different game compared to its trailers. Players; He did not like the artificial intelligence of the opponents and the graphics of the game. It also experienced optimization problems on the PC, causing performance loss.
In Assassin’s Creed: Shadows, the situation is even more interesting. The fact that he was a black assassin in feudal Japan was met with a question mark by the players. Some players even wrote petitions demanding that this situation be changed.
According to financial forecasts from Bain & Company, global gaming revenues will see a compound annual growth rate of 9 percent over the next few years. This means that gaming revenues will jump from $199 billion in 2022 to $307 billion in 2027.
On the other hand, Ubisoft CEO Yves Guillemot said, GTA 6 He stated that big games such as these have positive effects on the gaming industry in general when they are released. “Overall, this is positive for the entire market, and other games released during this period generally perform very well,” he said.
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