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Ubisoft shares plummet to lowest price in over 14 years amid its recently announced 'restructuring' centered on cancellations, layoffs, and generative AI (finance.yahoo.com)
submitted 9 months ago by to c/business@lemmy.world
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As you might expect when a company announces everything is on fire, everything is on fire: as CNBC pointed out a day after the announcement, the company's share price went down by around 34% after the restructuring was announced. When the stock market closed yesterday the price sat at €4.06 (around $4.80) a share.

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[–] 1 point 9 months ago

Still not low enough

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