180°

Ubisoft’s shares fall 22 percent following the delay of Watch_Dogs

Ubisoft’s shares have taken a significant plunge following the delay of its eagerly anticipated title Watch_Dogs, with the company’s stock trading down 22 percent to $2.27 as of today.

Watch Dogs was expected to be a huge hit with the masses, particularly in relation to the next-generation consoles. Fans of open-world games were sure to pick it up next month along with the brand new hardware. That was until yesterday, when Ubisoft made the announcement to push it back to Spring of 2014 due to the game’s unfinished state.

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gamesindustry.biz
Neonridr3843d ago

Wow, I guess a lot of people were banking on Ubisoft selling a lot of games this holiday season.

DeadManIV3843d ago (Edited 3843d ago )

there must have been something really wrong for them to delay it this much

MWong3843d ago

I agree, I doubt we will ever find out what the real reason behind the delay was.

darthv723843d ago

didnt their shares fall right around the announcement they were delaying rayman legends?

cyclindk3843d ago

As much as they SAY it wasn't due to GTAV, I get the feeling they were taken aback by just how much stuff you can do in the game and the success of the online portion now that it is up and running when compared with what they are offering.

I mean next gen or not, its would be difficult for anyone to compete with a 140-270 million dollar budget game (development and advertising) even IF Watch Dogs has been in development for five years.

But who know, maybe it really did have nothing to do with GTA.

+ Show (1) more replyLast reply 3843d ago
KonsoruMasuta3843d ago

Don't know why you got disagrees. Now is the time to buy.

This obviously won't be permanent and they will rise again.

darthv723843d ago

they will ryse like the son of rome.

okay that was a bad pun.

RobAlmighty3843d ago

Come Q2 next year they will be right back up again. It's just a matter of time.

Computersaysno3843d ago

I bet you bought LifeInvader and said the same thing didn't you?

Look how that worked out

specialguest3843d ago

Lets make some money! We all know that they will bounce back up in time

HyperBear3843d ago

Ouch. Went from $2.91 a share yesterday down to $2.27 today. I know its the right thing to do to make the game as excellent as can be and, out of respect for Ubisoft, I kept my Watch_Dogs PS4 preorder because I'm still going to want to play it. It's just now it'll be fighting with inFamous Second Son and Destiny as to which of these 3 games will get most of my playing time now.

And also my wallet will be hurting again in the Spring :(

Irishguy953843d ago

FFS I thought Infamous was a launch game.

:(

ZoyosJD3843d ago

Last I heard it launches in Feb.

At least we know it won't be rushed.

60°

Ubisoft's Recent Antics Have Me Fearful For The Sands of Time Remake

Hanzala from eXputer: "With Ubisoft's practices becoming increasingly anti-consumer lately, the destruction of The Sands of Time Remake looks almost inevitable."

thorstein7d ago (Edited 7d ago )

Hey Ubi, here's a gun, don't shoot yourself in the foot.

*Ubi takes gun, aims at foot, empties clip*

Chocoburger6d ago

At this point, only dummies have any hope left for Ubi-junk games.

50°

Disney adds Blizzard and Ubisoft veterans to its games leadership team

Top executives including games boss Sean Shoptaw have also been promoted…

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videogameschronicle.com
100°

Behind XDefiant's Toxic Work Culture, Crunch, and Years of Delays

Behind XDefiant's toxic work culture, crunch, delays, and a group of directors and managers internally referred to as 'The Boys Club'.

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insider-gaming.com
just_looken26d ago

Man the industry just keeps on going with all this bs and to think this is ubisoft again remember what happened with that skull bones team same crap.
https://www.theverge.com/20...

This game will be tossed out broken unplolished with a bloated budget trying to be cod but will fail sense ubi can get there shit in order. If i was me i would have gotten rid of this boys club asap there is alot looking for work out there.

jznrpg26d ago (Edited 26d ago )

Every industry has these issues

Some companies I’ve worked for were great and some were toxic as hell (UPS when I was a teenager was extremely toxic and I have heard it still is) It all starts at the top. They either hold people accountable , set standards and treat people with respect or the crap rolls downhill.