Ubisoft's share price is at its lowest level in 12 years
, by Thibaut
Ubisoft's future is all but certain, and the stock markets are very volatile.
On Monday April 7, the French publisher's share price fell by -7.83% on the Paris stock exchange. A share is now worth €8.80. The same applies to London, with a decline of -8.07% to just €8.84.
This is the first time since April 2013 that Ubisoft's market value has fallen below €9 per share. Over the last five days, the share price has plummeted by -21.36%, and even by -35.25% over one month.
The announcement of the partnership with Tencent concerning the company's new subsidiary has given rise to a great deal of doubt, which has had an impact on investor morale in turn.
Source: cnbc.com