bin.pol.social

Grandwolf319, do games w Ubisofts stock tanked this morning ahead of the markets opening

“Tanked”

Checks graph

19% is a hit but I wouldn’t call it tanked.

Some stocks are just volatile. Here is the full history:

https://sh.itjust.works/pictrs/image/bde7266c-0e42-4818-90c9-4112a6a9d5c9.png

merthyr1831,

did ubisoft make face masks or something wtf happened in 2020

Zahille7,

I think people were just bored out of their minds

trankillity,

WTF you think happened in 2020? No one could leave their house, so video game went gang busters.

I worked at a video game retailer then, and it was the busiest we’ve ever been.

HeyThisIsntTheYMCA,
@HeyThisIsntTheYMCA@lemmy.world avatar

Oh I remember 2020 we all took a jolly jaunt right

merthyr1831,

that makes sense lol, it’s been a long time since I’ve been in a video game store

ByteOnBikes,

Whenever I see social media say something dropped/jumped, I do the same thing as you - I visit the portfolio and take a birds eye view.

I still think about the one time redditors celebrated a company’s stock dropping by 90% over the last day.

But what the picture left out was how the company was climbing by 1000% in a week before dropping.

Appoxo,
@Appoxo@lemmy.dbzer0.com avatar

A drop this severe is tanking. Even with a stock history like the one from Ubisoft.

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?

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.

M137, do games w Day -6 of posting a screenshot from a game I've been playing until I also forget to post screenshots
@M137@lemmy.world avatar

What the hell, I don’t recognise this game at all. Neither this image, the name nor any other image or the trailer on Steam, but apparently I own the game on there… I’ve never been so confused about and at a complete loss of memory of something I have purchased.

DragonTypeWyvern,

I played the game and loved it and still don’t know what the hell this is.

The DLC I guess? Didn’t realize it had any tbh.

callouscomic,

The original release had 2 DLC’s. This is the re-release called Re-Reckoning, which inherently included the original 2 DLC’s, amd then a bit later they did a new DLC called Faresworn that the original release never had. This is from that most recent DLC story and area.

callouscomic,

I’ve played this game to 100% both on the original release, and this re-release.

It’s one of my favorite action rpg’s out there. It’s not special. It never did anything new, really. It originally released around the same time as Skyrim and got forgotten. I still have always felt this game is better and more fun than people give credit for. It’s huge, has tons to do, has bright colorful biomes, goofy characters, silly stories, cool effects, and is just such a charming thing.

Some of my love for it is that it’s just a simple fun accessible action rpg. Some is I genuinely liked the stories. Some of it I liked how cliche and cheesy it was at times. And back when it first released, some of it was just nice to see some actual color compared to Skyrim back then, which I was also playing.

Zahille7, do games w Day -6 of posting a screenshot from a game I've been playing until I also forget to post screenshots

This was the DLC they made for the rerelease right? How is it? I had never played any of the DLC back in the day, but I bought the rerelease on steam

samus12345,
@samus12345@lemmy.world avatar

I’ve been stuck on the DLC for a long time now, not because of difficulty, but because I just don’t find it very interesting. Hoping to force my way through it one of these days.

callouscomic,

It honestly is a large DLC that overstays its welcome. I know a lot of people think this game is kind of meh to begin with, but if someone enjoyed the original game and story, I think they’ll like the DLC because it has some more closure on the story and it does introduce some neat new gameplay mechanics.

The issue is you gotta really stick with it. It starts out fun to explore a new area, and then eventually you reach this point where it becomes a bit frustrating, but as you get through it, some stuff unlocks and it becomes really cool gameplay-wise. Also there’s a middle semi-grindy part where it felt like the difficulty got unfair, but after some unlocks involved in the grindy pary it got fun again and really became something else.

I think it could have been done a bit better, but overall as a fan of the original game, I enjoyed myself. You just unfortunately gotta push through to the end to get past this kind of middle part that drags.

There’s lots of fun and ridiculous characters too. I think they did a great job having it really feel like it fits the goofy theme of the game world even though it wasn’t the original team.

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

You can make any graph look bad if you control the axis bounds weirdly like this.

Not that I have good things to say about ubisoft, but at a glance one would assume their stock value plummeted to zero, which is not the case.

HeavyRaptor,

This was also my initial take but look at these graphs with the Y axis starting from 0 https://lemmy.zip/pictrs/image/22781696-3e59-4fe8-9b47-37104417e22a.webphttps://lemmy.zip/pictrs/image/d84502e1-edde-45bc-8263-80b5a004c2a1.webpStock lost 67% value in the last year alone, and lost 85% in the past 5 years. Looks pretty dire to me. I would say this is undervalued but I have no confidence in the ubi leadership to turn it around.

Croquette,

Might be that the CEO and upper management are dumb fucks running the company to the ground.

No more innovation, just microtransactions in shitty games, and the same old rehashed concepts.

omarfw,

I saw an anecdote from someone who used to work there and they said their infrastructure and resources were outdated as hell. Basically zero support or investment from leadership. Those corpos are intentionally just trying to milk them and the customers dry before total collapse or a buyout.

trolololol,

You can make 20% drops in value look harmless if you flatten the graph enough

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.

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.

Blackmist, do gaming w What are the scariest games you've played?

Probably one of the VR ones.

Phasmophobia is tense and mostly because you can die and get no points, but there’s plenty of VRChat horror worlds as well. The quality varies wildly though, and you often face the worst VR horror of all: awful frame rates.

kandoh, do games w Ubisofts stock tanked this morning ahead of the markets opening
@kandoh@reddthat.com avatar

Ubisoft made some of my favorite games as a kid. Real shane shitty management and a culture of sexual harassment have ruined their legacy

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

https://lemmy.ca/pictrs/image/b93bcebe-0738-42dd-ab83-609a5604f85e.jpegIt’s been tanking for a lot longer than that

GhiLA,
@GhiLA@sh.itjust.works avatar

lol, it looks like a cryptocurrency chart.

UnderpantsWeevil,
@UnderpantsWeevil@lemmy.world avatar

I wish. Crypto has been depressingly buoyant.

blindbunny, (edited )

Gotta cook the planet to win capitalism bro

DragonTypeWyvern,

The most obnoxious thing is that hoarding commodities is not capitalism, at least before it’s time to unload it on the rubes.

SSJMarx,

Every time BTC crashes I say to myself, “I shouldn’t bet on it coming back, this will surely be The One.” Nope, currently higher than it was before the last one.

GhiLA,
@GhiLA@sh.itjust.works avatar

There’s always someone betting it will go up, just as much as someone is betting to go down, but right now, Blackrock and Fidelity own a lot of BTC, and are selling it to investors via actual, official ETF funds.

You can go on Fidelity and buy into this fund without ever touching BTC, and follow the price along with the holders, just like a gold or oil stock.

things are going to be interesting over the next few years. BTC has entities invested in it’s future. I don’t expect a crash below the ETF price, which… from memory was around $50k, because then investors are in the red.

I’m not in BTC, but it’s a fun thing to watch. Personally, I think the mining of it is a cancer to society, but once you strip all of that way, it’s just another index fund as long as private entities can manipulate the waves in their favor.

I like gold more. You can make stuff with it, buuut Gold is at an ATH… buuut if Kamala wins, BTC will dump and Gold is a sanctuary hold for a lot of BTC holders, so, man what a year it’s gonna be.

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

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.

Yerbouti, do games w Ubisofts stock tanked this morning ahead of the markets opening
@Yerbouti@sh.itjust.works avatar

I guess the anti-woke crowd is having a hard-on rn. I don’t play ubisoft’s games but I know a lot of good persons who work there around Quebec, and many of them fear losing their jobs.

yamanii,
@yamanii@lemmy.world avatar

When a game is successful it’s because of the executive, but when it bombs it’s the fault of the workers, sadly.

kandoh,
@kandoh@reddthat.com avatar

Heads I win, tales you lose situation always

SuperSaiyanSwag,

To quote Jason Schreier, “whenever anything bad happens, worst people on the internet will be there to blame diversity”

mechoman444,

Disgusting.

This isn’t about being diverse. It’s about making bad games.

As a matter of fact, the new assassin’s Creed is so offensive that the Japanese government is in an uproar about it.

Ubisofts attempt to be so inclusive and sexually neutral is what’s making their games bad because they’re stifling good game design in the process.

That’s not to say that it’s not possible to make a good game while adhering to diversification and inclusion.

Hellblade and horizon zero Dawn are two excellent examples of incredibly good games that don’t expound sexism. Hell, look at destiny 2. They handle these kinds of situations perfectly!

But to simply imply people are upset because they don’t like “woke politics” is a gross over simplification of what’s happening to Ubisoft!

Odum,

In response to the whole bit about the Japanese government, it seems that the quotes were taken way more seriously than they should have been. Pretty cookie cutter responses that also say that It isn’t really their concern.

gamesradar.com/…/assassins-creed-shadows-debate-s…

SuperSaiyanSwag,

Neither of us said that people are ONLY upset because “woke politics”. Original comment is saying that those people are probably celebrating right now because they were “right” and I’m simply pointing out that whenever this happens, the anti-woke crowd think that it’s because of the woke politics. There are plethora of reason to be upset with Ubisoft, just like there were plethora of reasons to not play concord.

Yerbouti, (edited )
@Yerbouti@sh.itjust.works avatar

Nah, the Japaneses government doesn’t care about fictional characters in a videogame. Neither are French-Canadians mad about being depicted as mimes with bread sticks in South Park.

Oh and “it’s about making bad games” . The GAME ISN’T EVEN OUT YET. Just don’t buy it and stop crying because there’s a black character in fictional universe or because you don’t want to fuck the main protagonist of Star Wars game (I personally find here damn hot btw lol).

mechoman444,

They already delayed the release due to so much negative feedback. It’s going to be a bad game. There should never have been a black person in this game at all. It’s 1600s Japan. It makes no fucking sense!

There are so many layers as to why Ubisoft is going through what it’s going through I don’t have the energy to express it here in this comment.

I can assure you, however, if they worried more about making good games and less of inclusion politics their stock would be worth a lot more than 2 bucks!

Yerbouti,
@Yerbouti@sh.itjust.works avatar

Why can’t you people can’t just fucking move on with you life and play other games? The fact that there’s a new Assassin or Star Wars doesn’t erase the previous ones, go play the previous ones, the “good” ones.

It’s going to be a bad game. Says who? Your just a rando on the internet who has not played the game, why do you think your opinion maters?

There should never have been a black person in this game at all. It’s 1600s Japan. It makes no fucking sense! IT’S A GAME, nothing makes fucking sens. Why do accept it when it’s some white dude becoming the chosen one and saving a bunch of indigenous, but rip you shirt the when a black guy (based on a real life character!!!) is one of the protagonist of a game set in a FICTIONAL Japan. It’s not real dude, people have the right can make up stories inspired by real things.

I don’t have the energy to express it here in this comment. Nobody ask you too lol. We all have youtube, if we want to hear some white dude’s (with no expertise in nothing) ridiculous outrage about a stupid videogame company, we know where to find it.

I really don’t get you gamers people. There are dozens of causes that are worth defending, why is the only fucking thing that makes you active is when there’s a black man or a woman you don’t feel like fucking in a game? That’s pretty sad and pathetic if you ask me. Just go play something that fits you narrow world view. Meanwhile, Steam rips off all creators of 30% of their revenue while employing 20 people, but you people get wet whenever your hear their name. If you want to be mad at capitalist business, at least try to find something else than “black charcater” doesn’t make sens in a universe where you can walk on walls and kill 20k people by yourself.

mechoman444,

So let’s just address the meta here real quick. There was a comment on Lemmy to which I responded. In context the genesis of this comment is in reference to Ubisoft and the general state of inclusion politics in gaming today.

You are questioning the fundamental motivation as to why I have an opinion on the subject matter that is presented to me under the protest that “it’s just a game”.

I mean why even have an opinion? Why formulate thoughts? Why have any kind of discussions?

I am abreast of what is happening generally in gaming and the industry surrounding it because I’m interested in these things. I like playing video games.

I also have other interests. For example, I’m fairly good at playing the guitar, so there’s a lot of content in my social media about guitars and music.

I also find it entertaining to watch flat Earth debunking videos on YouTube to pass the time.

The reason I care about assassin’s Creed in particular is because I’ve been playing the game since the very first one. I like the franchise. I like the video games and watching it get ruined because of inclusion politics is heartbreaking.

Moreover, they already have the game. It’s already been made. Therefore I have the right to criticize it. Simply stating “it’s just a game” isn’t helpful.

I don’t care if there’s black people or women or LGBT people in video games. I could absolutely care less about that as long as it’s relevant to the game. If they’re just including it to be inclusive, then it’s a meaningless gesture. It brings down the game. It brings down the IP and it brings down the company that does it.

Furthermore, people play video games for a reason. Either it be escapism or immersion or simply to pass a small amount of time till whatever else they have to do. Seeing these inconsistencies in the game breaks that immersion it no longer becomes entertainment. It becomes a political statement which I have very little interest in when it comes to my entertainment.

You can pretend to be on your high horse all you want. I have no interest in seeing inclusion politics in my entertainment. It serves no beneficial purpose except to elevate the egos of people like you to make you feel as though something is being included.

Pure nonsense.

Also the new Star wars game which I don’t even remember the name of sucked universally. It didn’t make any money because people didn’t have any interest in it specifically and exclusively because of the inclusion politics added into the game. Also the main character is fucking ugly.

smeg, do gaming w wrist mounted games

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