this post was submitted on 26 Sep 2024
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[–] Grandwolf319@sh.itjust.works 30 points 2 days ago (7 children)

“Tanked”

Checks graph

19% is a hit but I wouldn’t call it tanked.

Some stocks are just volatile. Here is the full history:

[–] Appoxo@lemmy.dbzer0.com 19 points 1 day ago

A drop this severe is tanking. Even with a stock history like the one from Ubisoft.

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[–] Pyr_Pressure@lemmy.ca 26 points 2 days ago* (last edited 2 days ago) (1 children)

It's been tanking for a lot longer than that

[–] GhiLA@sh.itjust.works 16 points 2 days ago (5 children)

lol, it looks like a cryptocurrency chart.

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[–] chemical_cutthroat@lemmy.world 56 points 2 days ago (1 children)

It didn't tank this morning. It's been going downhill for exactly a month.

[–] sirico@feddit.uk 40 points 2 days ago* (last edited 2 days ago) (14 children)

You are correct, it's been on a downward slope since about 2021 but had a another sharp dip this morning probaly following the news they were delaying Asassins Creed

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[–] Eiri@lemmy.ca 9 points 2 days ago (1 children)

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.

[–] casmael@lemm.ee 22 points 2 days ago (6 children)
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[–] callouscomic@lemm.ee 19 points 2 days ago (1 children)

You could could say their stock went limp. They be soft.

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[–] Yerbouti@sh.itjust.works 13 points 2 days ago* (last edited 2 days ago) (10 children)

I guess the anti-woke crowd is having a hard-on rn. I don't play ubisoft's games but I know a lot of good persons who work there around Quebec, and many of them fear losing their jobs.

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[–] WaylandHater26@lemmy.zip 2 points 1 day ago

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.

[–] intensely_human@lemm.ee 3 points 2 days ago (2 children)

I thought from this graph that the stock had tanked to pennies.

It lost about 20% of its value, looks like

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