Comment on Ubisofts stock tanked this morning ahead of the markets opening
Andonyx@lemmy.world 1 month agoFWIW, a 20% drop is borderline catastrophic for a major company. The squeeze it puts on their supply chain, ability to make payroll, and interest rates on borrowing going up, it could be enough to create a death spiral. I think ubisoft is probably managed well enough to deal with this, but this is definitely a serious situation for them.