Yesterday, the valuation of CD Projekt RED amounted to PLN 27.7 billion. The largest Polish developer has just overtaken PKO PB, which has so far dominated the Warsaw Stock Exchange.
At the end of December, we wrote that CD Projekt RED exceeded the value of the second Polish bank, Pekao SA. Now it turns out that the developer of famous The Witcher series even in such difficult times beats PKO BP SA, which until now was a leader in Warsaw stock exchange.
The valuation of the latter company amounted to almost PLN 27.3 billion yesterday, while CD Projekt RED reached the result of PLN 27.7 billion on 2 April. In December, the value of one share in CD Projekt was almost PLN 280, while now the share price is PLN 287.
Currently, the Polish developer is creating Cyberpunk 2077, but due to coronavirus pandemic like other CD Projekt RED also forced to work from home. The studio prepared for remote work in just one weekend.
The premiere of the RPG was set for September 17. It remains to be seen if debut date is the final one and Cyberpunk 2077 will not share the fate of another highly anticipated premiere of 2020 – as yesterday we announced that due to the pandemic The Last of Us Part II has been delayed with no release date.