The games designer saw stock plunge on Thursday, following years of share price decline.

Ubisoft shares plunge after profit warnings, studio closures, and game cancellations raise concerns over the company’s long-term recovery.

Markets react to Ubisoft’s planned restructuring, which includes closing several studios and canceling six games.

After that point, Ubisoft saw a dramatic change in fortunes, with the company’s price continually rising throughout the 2010s, culminating in a peak share price of €107.90 in July 2018 (according to TradingView ), the same year as such releases as Assassin’s Creed Osyssey, Far Cry 5, The Crew 2 and South Park: The Stick of Truth.

Ubisoft is realigning itself and investors are bracing for two difficult years. The stock market reaction is devastating.

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Ubisoft stock prices take a massive hit, reflecting uneasy sentiment in response to recent announced changes and broader industry trends.