180°
Submitted by CerebralTiger 652d ago | news

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. (PC, PS3, PS4, Ubisoft, Watch Dogs, Wii U, Xbox 360, Xbox One)

Credit url: gearnuke.com
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Neonridr  +   652d ago
Wow, I guess a lot of people were banking on Ubisoft selling a lot of games this holiday season.
DeadManIV  +   652d ago
there must have been something really wrong for them to delay it this much
#1.1 (Edited 652d ago ) | Agree(12) | Disagree(0) | Report | Reply
MWong  +   652d ago
I agree, I doubt we will ever find out what the real reason behind the delay was.
darthv72  +   652d ago
didnt their shares fall right around the announcement they were delaying rayman legends?
DeadManIV  +   652d ago
@darth yes, a LOT
cyclindk  +   652d 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.
RobAlmighty  +   652d ago
Nows the time to buy.
KonsoruMasuta  +   652d 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.
darthv72  +   652d ago
they will ryse like the son of rome.

okay that was a bad pun.
RobAlmighty  +   652d ago
Come Q2 next year they will be right back up again. It's just a matter of time.
Computersaysno  +   652d ago
I bet you bought LifeInvader and said the same thing didn't you?

Look how that worked out
specialguest  +   652d ago
Lets make some money! We all know that they will bounce back up in time
HyperBear  +   652d 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 :(
Irishguy95  +   652d ago
FFS I thought Infamous was a launch game.

:(
ZoyosJD  +   652d ago
Last I heard it launches in Feb.

At least we know it won't be rushed.
WeAreLegion  +   652d ago
Buying shares now. :)

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