AFP – Shares in troubled French video game giant Ubisoft sank yesterday after the company said it was exploring its options following another delay in its Assassin’s Creed franchise.
The company’s stock price was down almost eight per cent at EUR11.39 (USD11.7) in morning trading on the Paris stock exchange after falling by around 10 per cent at the opening bell.
Ubisoft said after markets closed on Thursday that it was postponing the release of Assassin’s Creed Shadows by another month to March 20.
It was originally due to come out in November last year during the key festive shopping season.
The same statement also announced disappointing sales of Star Wars Outlaws during the winter holiday season last year.
Ubisoft said the company was “actively exploring” its options.
Rumours emerged last year of a buyout by the Guillemot family, which founded Ubisoft and is still the main shareholder, along with Chinese tech giant Tencent, which also owns a stake.
