Ubisoft shares plunged 16% on Thursday after the Assassin’s Creed maker warned of further losses this year. The move comes after years of stock price declines for the game developer following the Covid-19 pandemic, delays to major releases and financial struggles. Shares in the company fell 34% in January after the company announced a major…
Ubisoft shares plunged 33% on Thursday morning after the maker of the “Assassin’s Creed” games announced a major organizational shakeup, alongside plans to shut studios and axe six games. The changes come following years of stock price decline, following the Covid-19 pandemic, after delays to major releases and financial struggles. The company said it expected…
This summer, Switch 2 became the fastest-selling console in Nintendo’s history, selling 10.36 million units in the first four months of sales Guillaume Payen | Sopa Images | Lightrocket | Getty Images It has been a monumental year for the video game industry, marked by new devices and billion-dollar deals. Further consolidation occurred within the…
