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- Assassin’s Creed Shadows has received positive reviews, exactly what Ubisoft hoped for.
- Despite the excitement, the company’s stock has fallen by nearly 7% since yesterday.
- At this rate, the latest blockbuster title may not be able to save Ubisoft from a financial fallout.
Assassin’s Creed Shadows has lived up to expectations so far. Despite the prevalent controversy around Ubisoft’s choice of protagonist, the initial reviews have been nothing but encouraging.
Many have proclaimed Assassin’s Creed Shadows a major comeback for the series, something Ubisoft is likely glad to hear. However, despite all the praise, the French gaming giant’s stock is still rapidly losing value.
Why it matters: The stock market’s current situation suggests Assassin’s Creed Shadows might not be the savior Ubisoft was hoping for.
As shown above, Ubisoft’s stock is currently being sold for €12.46. This marks a nearly 7% drop since yesterday, a surprising outcome after the reviews when the stock price briefly reached over €13.30.
It’s clear that the market is still not sure about the French gaming giant’s future. While the company’s latest RPG has certainly received more positive reviews than anticipated, it does not stand out as a major improvement over past Assassin’s Creed RPGs.
The reviews put Assassin’s Creed Shadows behind Assassin’s Creed Odyssey, and the Metacritic average has also fallen to 81/100 since yesterday. Effectively, this means that Ubisoft is not out of hot water just yet.
If the stock continues to decline at this rate, the company will have no option but to sell off its IPs or pursue a buyout.
It is important to note that developers previously acknowledged the fact that a mediocre performance for Assassin’s Creed Shadows would not be enough to salvage the French gaming giant.
Ubisoft’s current market value seems to validate this statement, as the solid reviews have not been able to counter the rapidly declining stock value. Perhaps the story would have been different if Assassin’s Creed Shadows scored 90/100 on Metacritic or more.
What are your thoughts on the situation? Feel free to discuss Ubisoft’s future in the comments and on the Tech4Gamers Forums.
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[News Reporter]
Avinash is currently pursuing a Business degree in Australia. For more than three years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.
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