Comment on Ubisofts stock tanked this morning ahead of the markets opening
HeavyRaptor@lemmy.zip 1 day agoThis was also my initial take but look at these graphs with the Y axis starting from 0 Image Image 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.
Croquette@sh.itjust.works 1 day ago
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.
omarfw@lemmy.world 16 hours ago
I saw an anecdote from someone who used to work there and they said their infrastructure and resources were outdated as hell.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. Their leadership is intentionally just trying to milk them and the customers dry before total collapse or a buyout.