Ubisoft Stock Dips After Yesterdays Earnings Adjustments
The unforseen delay of two Ubisoft upcoming titles has created a bit of a snowball effect. First off, the publisher has had to adjust their financial forecast dramatically, possibly resulting in an operating loss. Retailers have also come into the mix, reassuring gamers that pre-ordered Watch_Dogs PlayStation 4 and Xbox One bundles that they’ll still receive their console on time.
Don’t worry if you pre-ordered the Watch Dogs PS4 bundle, you will still be getting your PS4 based on your current delivery estimate.
— Amazon Video Games (@amazongames) October 15, 2013
Amidst the delays and confusion Ubisoft’s market share has dipped 25%. It’s a pretty typical occurrence when there’s a good amount of investor anxiety. Two notable titles being delayed and retailers having to debunk fears of certain console bundles arriving late on behalf of development delays doesn’t make for a great day at Ubisoft. In all reality the stock dip will likely be temporary, but it’s never fun to see or hear about hardships in the industry.
We can’t forget that even without Watch_Dogs and The Crew, Ubisoft still has a strong lineup of games on the way. Assassin’s Creed IV: Black Flag leads the way. It’s set to arrive on Xbox 360, PlayStation 3 and Wii U October 29th with it’s PC, PlayStation 4, and Xbox One counterparts landing between November 12-19th.
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