i told them not to invest in DJT
It’s really a sad seeing Ubisoft going from a trendsetter up until Far Cry 3, to being a failed trend chaser.
Was ubisoft ever okay though? They always have problems going on whether it be a hostile takeover or this, but they always bounce back somehow surprisingly.
Why don’t they just start using ai to generate games? Its cheaper and no one will notice.
They’re instead letting an AI generate their stock price. It is a number now.
hiring sweet baby inc and then going full crazy on those DEI woke rubbish certainly did the job.
leave the woke bullshit to the woke idiots,leave the games alone.
I got brain damage reading your dumb post.
We know you are a dum dum because you use the term woke unironically.
enjoy the brain damage,fuck if i care what damage you got.
what can you do other than infantile insults??
come make my toes laugh.
Dementia is a disease to have to suffer.
i’ll ask your mom in case i forget.
WoKe wOkE WoKe wOkE
Shut the entire fuck up
People sound like chickens saying wOkE all the time.
make me shut the fuck up or read my post and seethe.
keep seething.
Nobody’s seething here, my friend. We’re all laughing at you.
That’s very woke of you
sure thing
Yep that’s a serious case of brain worms right there.
Buy buy buy?
Has something in particular been happening lately? I feel like Ubisoft has sucked for quite a while, but their stock price was fine until relatively recently, right?
If games sucking was the same thing as games being unprofitable gaming would be in better shape.
AAAA stock
They should be comfortable with people now owning their stocks
👏👏👏
“Tanked”
Checks graph
19% is a hit but I wouldn’t call it tanked.
Some stocks are just volatile. Here is the full history:
A drop this severe is tanking. Even with a stock history like the one from Ubisoft.
Whenever I see social media say something dropped/jumped, I do the same thing as you - I visit the portfolio and take a birds eye view.
I still think about the one time redditors celebrated a company’s stock dropping by 90% over the last day.
But what the picture left out was how the company was climbing by 1000% in a week before dropping.
did ubisoft make face masks or something wtf happened in 2020
WTF you think happened in 2020? No one could leave their house, so video game went gang busters.
I worked at a video game retailer then, and it was the busiest we’ve ever been.
I think people were just bored out of their minds
You can make any graph look bad if you control the axis bounds weirdly like this.
Not that I have good things to say about ubisoft, but at a glance one would assume their stock value plummeted to zero, which is not the case.
You can make 20% drops in value look harmless if you flatten the graph enough
This was also my initial take but look at these graphs with the Y axis starting from 0
Stock lost 67% value in the last year alone, and lost 85% in the past 5 years. Looks pretty dire to me. I would say this is undervalued but I have no confidence in the ubi leadership to turn it around.Might be that the CEO and upper management are dumb fucks running the company to the ground.
No more innovation, just microtransactions in shitty games, and the same old rehashed concepts.
I saw an anecdote from someone who used to work there and they said their infrastructure and resources were outdated as hell. Basically zero support or investment from leadership. Those corpos are intentionally just trying to milk them and the customers dry before total collapse or a buyout.
Am I too stupid to understand the X Axes? 1Day, 1Week… that makes no sense at all
It’s an option to filter by time; only 1 day is selected. The actual time on the x-axis is hidden.
Ahh that makes sense.
There’s going to be a new CEO by the end of the FY.
Ubisoft made some of my favorite games as a kid. Real shane shitty management and a culture of sexual harassment have ruined their legacy
It’s been tanking for a lot longer than thatlol, it looks like a cryptocurrency chart.
I wish. Crypto has been depressingly buoyant.
Every time BTC crashes I say to myself, “I shouldn’t bet on it coming back, this will surely be The One.” Nope, currently higher than it was before the last one.
There’s always someone betting it will go up, just as much as someone is betting to go down, but right now, Blackrock and Fidelity own a lot of BTC, and are selling it to investors via actual, official ETF funds.
You can go on Fidelity and buy into this fund without ever touching BTC, and follow the price along with the holders, just like a gold or oil stock.
things are going to be interesting over the next few years. BTC has entities invested in it’s future. I don’t expect a crash below the ETF price, which… from memory was around $50k, because then investors are in the red.
I’m not in BTC, but it’s a fun thing to watch. Personally, I think the mining of it is a cancer to society, but once you strip all of that way, it’s just another index fund as long as private entities can manipulate the waves in their favor.
I like gold more. You can make stuff with it, buuut Gold is at an ATH… buuut if Kamala wins, BTC will dump and Gold is a sanctuary hold for a lot of BTC holders, so, man what a year it’s gonna be.
Gotta cook the plant to win capitalism bro
Ubisoft will have to get used to people not owning their games.
Womp womp
