Fri, Jan 23, 2009 | 09:31 GMT

Ubisoft share prices down 19%

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

3 comments

#1

SticKboy
23/01/09, 10:54 am

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).

#2

patlike
23/01/09, 11:04 am

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

#3

Gekidami
23/01/09, 11:23 am

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

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