Ubisoft’s Shareholder Revolt
Hoo-Boy, these investors are steamed at Ubisoft. Rightfully so. Ubisoft’s stock price has cratered from a high of $23 to $2.61 today. If you had sunk $1,000,000 into Ubisoft when the stock was at its height, you would have a market value of $113,000 today.Ubisoft has been a notable DEI trainwreck of a gaming company this year. Ubisoft has over-monetized and underdelivered on its AAA (Sorry I mean AAAA) games. The company owned a monster with Assassin’s Creed: Black Flag. ...