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Ubisoft shares drop to 10-year low

Ubisoft shares drop to 10-year low

Reuters reports that stock in French publishing giant Ubisoft has fallen to its lowest point since 2014. 

At the time of writing, the company's trading price is €15.54; in the last five days, shares have fallen by over ten per cent and over 30 per cent since the start of 2024. The last time Ubisoft shares were priced at this level was in December 2014. 

This appears to be related to Ubisoft's latest title, Star Wars Outlaws, which has launched to a slightly muted reception. Though it has been met with a positive reaction from critics, players have been decidedly less impressed with the shooter from a galaxy far far away. JP Morgan analyst Daniel Kerven has changed his sales expectation for the game from 7.5 million copies to 5.5 million. 

Micap Partners analysst Charles-Louis Planade also says that the drop in stock price is due to free-to-play shooter XDefiant seeing a dip in interest from players. 

Star Wars Outlaws released on August 30th. 


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.