bin.pol.social

chemical_cutthroat, do games w Ubisofts stock tanked this morning ahead of the markets opening
@chemical_cutthroat@lemmy.world avatar

It didn’t tank this morning. It’s been going downhill for exactly a month.

sirico,
@sirico@feddit.uk avatar

You are correct, it’s been on a downward slope since about 2021 but had a another sharp dip this morning probaly following the news they were delaying Asassins Creed

Bahnd,
@Bahnd@lemmy.world avatar

A rushed game is usually pretty bad, a delayed game is eventually good. While I dont hold AC in very high regard, im glad they told people that it needs more time to cook instead of throwing it out there half-baked.

tomi000,

Yea. Really sad to see the price theyre paying for making the right decision once is 20% of their stock price…

maniii, (edited )

deleted_by_moderator

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  • Eyck_of_denesle,

    This brother did not play a single assassins creed game

    Edit: I just read the last few lines, dude pls go take a shower

    tomi000,

    What are you even talking about?

    Breadhax0r,

    Kerbal space program 2 was somehow both rushed and delayed :(

    Cagi,

    And pretty bad.

    ours,

    Such a tragedy. And that was a game that just needed a tech upgrade, expand a bit, more of the same, nothing crazy.

    M0oP0o,
    @M0oP0o@mander.xyz avatar

    They tryed to put a story in ksp2. That’s how bad they misunderstood the franchise.

    Oh and you can still join the discord if you want to talk to people who still believe in ksp2 (its fascinating).

    tibi,

    To be fair, those tech upgrades aren’t exactly trivial to do, and most programmers aren’t skilled enough to do it.

    These kinds of projects need very careful management to avoid running overtime and over budget.

    ours,

    I don’t know, the first one was cobbled up together from early access by programmers at a marketing firm and while janky (part of the charm some would say), it was quite an achievement.

    The approach which should have delivered better results was wrecked with takeovers and company drama then dumped to the public in a bad state.

    SirDerpy,

    Quartery earnings report due 10/25. There’s no reason to sit capital here if there’s no catalyst for change.

    altima_neo,
    @altima_neo@lemmy.zip avatar

    It’s not much of a delay. It was supposed to come out in 2 months, but delayed another 2 months. Doesn’t seem like much time to get any real work done.

    They also cancelled their premier at the Tokyo game show days before schedule. I have to wonder if they’re worried about the backlash that a lot of games are getting lately (Dustborn, Concord, etc) and just trying to push the game a little bit further out to avoid controversy?

    OozingPositron,
    @OozingPositron@feddit.cl avatar

    Didn’t happen to cyberpunk lmao.

    frostmore, do games w Ubisofts stock tanked this morning ahead of the markets opening

    deleted_by_moderator

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  • Fridgeratr,

    WoKe wOkE WoKe wOkE

    Shut the entire fuck up

    AFC1886VCC,

    Yep that’s a serious case of brain worms right there.

    frostmore,

    deleted_by_moderator

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  • snail_hunter,

    That’s very woke of you

    frostmore,

    deleted_by_moderator

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  • Fridgeratr,
    frostmore,

    deleted_by_moderator

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  • Snowpix,
    @Snowpix@lemmy.ca avatar

    Nobody’s seething here, my friend. We’re all laughing at you.

    frostmore,

    deleted_by_moderator

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  • sirboozebum,

    deleted_by_moderator

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  • frostmore,

    deleted_by_moderator

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  • don,
    @don@lemm.ee avatar

    Dementia is a disease to have to suffer.

    frostmore,

    deleted_by_moderator

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  • Croquette,

    I got brain damage reading your dumb post.

    We know you are a dum dum because you use the term woke unironically.

    frostmore,

    deleted_by_moderator

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  • whotookkarl, do games w Ubisofts stock tanked this morning ahead of the markets opening
    @whotookkarl@lemmy.world avatar

    AAAA stock

    xavier666, (edited )

    They should be comfortable with people not owning their stocks

    Hadriscus,

    👏👏👏

    yamanii, do games w Ubisofts stock tanked this morning ahead of the markets opening
    @yamanii@lemmy.world avatar

    It’s really a sad seeing Ubisoft going from a trendsetter up until Far Cry 3, to being a failed trend chaser.

    drunkpostdisaster, do games w Ubisofts stock tanked this morning ahead of the markets opening

    Why don’t they just start using ai to generate games? Its cheaper and no one will notice.

    beebarfbadger,

    They’re instead letting an AI generate their stock price. It is a number now.

    WaylandHater26, do games w Ubisofts stock tanked this morning ahead of the markets opening

    Was ubisoft ever okay though? They always have problems going on whether it be a hostile takeover or this, but they always bounce back somehow surprisingly.

    Eiri, do games w Ubisofts stock tanked this morning ahead of the markets opening

    Has something in particular been happening lately? I feel like Ubisoft has sucked for quite a while, but their stock price was fine until relatively recently, right?

    DragonTypeWyvern,

    If games sucking was the same thing as games being unprofitable gaming would be in better shape.

    Drusas, do games w Day -6 of posting a screenshot from a game I've been playing until I also forget to post screenshots

    Day negative 6? Interesting.

    samus12345,
    @samus12345@lemmy.world avatar

    Does that mean this was actually posted last Friday?

    linuxguy, do games w Day -4 of posting a screenshot from a game I've been playing until I also forget to post screenshots

    I like how the days go in reverse on this series of posts. Down to -4 now.

    callouscomic,

    It’s all downhill and lower quality from here! Cheers!

    Cadeillac,
    @Cadeillac@lemmy.world avatar

    I’m glad I wasn’t the only one giggling about this

    Edit: sorry, I didn’t realize the post was 2 days old. Guess I haven’t browsed my subscribed in a while

    linuxguy,

    Oh no, 2 days! That’s stale AF! /s

    Cadeillac,
    @Cadeillac@lemmy.world avatar

    I’m always super worried about proper etiquette. Probably the 'tism

    linuxguy,

    That’ll do it :nods:

    Draegur, do games w Ubisofts stock tanked this morning ahead of the markets opening
    @Draegur@lemm.ee avatar

    Ubisoft will have to get used to people not owning their games.

    Mango,

    Womp womp

    casmael, do games w Ubisofts stock tanked this morning ahead of the markets opening

    -20% what did I miss?!

    Ullallulloo,
    @Ullallulloo@civilloquy.com avatar

    They’re delaying AC: Shadows.

    casmael,

    I’m not sure about the need for AC when your house is in the shade, but nevertheless understandable, have a nice day

    Jode,
    @Jode@midwest.social avatar

    TechnologyConnections over here…

    samus12345,
    @samus12345@lemmy.world avatar

    Not air conditioning, silly, Animal Crossing!

    Blackmist,

    And it’s going to be competing with the Ghost of Tsushima sequel.

    For me they’re different enough to not really be in competition, but they felt the need to issue a statement about it, so they’re obviously a bit worried.

    Not that I’m that interested in either. Give me that Soul Reaver remaster baby. Inject that shit into my veins.

    De_Narm, do games w Day -6 of posting a screenshot from a game I've been playing until I also forget to post screenshots

    Despite loving the genre overall, I bounced off KoA multiple times. Maybe it’s time to give it yet another go. I just wasn’t in the mood for MMORPGs - which the IP should have become iirc -, I guess.

    sebsch, do games w Ubisofts stock tanked this morning ahead of the markets opening

    Am I too stupid to understand the X Axes? 1Day, 1Week… that makes no sense at all

    Tycoontwist,

    It’s an option to filter by time; only 1 day is selected. The actual time on the x-axis is hidden.

    sebsch,

    Ahh that makes sense.

    intensely_human, do games w Ubisofts stock tanked this morning ahead of the markets opening

    I thought from this graph that the stock had tanked to pennies.

    It lost about 20% of its value, looks like

    Andonyx,

    FWIW, a 20% drop is borderline catastrophic for a major company. The squeeze it puts on their supply chain, ability to make payroll, and interest rates on borrowing going up, it could be enough to create a death spiral. I think ubisoft is probably managed well enough to deal with this, but this is definitely a serious situation for them.

    Buttons,
    @Buttons@programming.dev avatar

    Look at the entire history.

    In 2018 their stock price was about 24, now it’s 2.

    KingThrillgore, do games w Ubisofts stock tanked this morning ahead of the markets opening
    @KingThrillgore@lemmy.ml avatar

    There’s going to be a new CEO by the end of the FY.

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