Company stock in Ubisoft has taken a substantial hit after the publisher announced it was delaying one of the year’s most anticipated games, Watch Dogs.
At the end of today’s trading, Ubisoft’s shares have gone down to $8.19, which is a staggering 26% reduction. Watch Dogs was to be the jewel in the crown of Ubisoft’s next-gen launch, as the new IP had generated a lot of interest and was already being offered alongside the PS4 as part of bundle. An open world game set in a near-future Chicago, Watch Dogs is now being released in the first half of 2014, which reduces the potential next-gen launch line-up for both consoles by one big game.
Ubisoft’s open world racer The Crew had also been delayed, which further increased Ubisoft market woes. As a result of the combination of factors, including sales of Rayman and Splinter Cell not reaching expectations, Ubisoft also reduced its full year sales forecast by 30%.
What do you think? Will it be worth it when Watch Dogs launches? Let us know in the comments below.