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Ubisoft share prices down 19%

Friday, 23rd January 2009 09:24 GMT By Mike

ubisoftlogo1b2.jpg

We can’t take much more of this. Ubisoft’s share price was down 19 percent at the start of trading this morning, following the company’s third fiscal quarter results yesterday.

Its stock price is now at €10.53 after the market’s knee-jerk reaction to Ubisoft’s adjustment of the company’s full year guidance, tweaked downward yesterday to between €1,040 million and €1060 million for full year revenues.

More over at GI.

The games industry am cry.

By Mike Bowden

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3 Comments

  1. SticKboy

    GAY! I wonder how long it’ll take for things to pick back up? Still a good investment in the long-term, I reckon (I hope).

    #1 6 years ago
  2. patlike

    I just think everyone’s shitting themselves, to be honest. There’s no guarantee of growth from any sector at the moment, innit.

    #2 6 years ago
  3. Gekidami

    Well i’m sure Nintendo have full control of their bowels.

    #3 6 years ago

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