Ubisoft's Share Prices Plummet Amid Investor Push for Go Private
Monday, 9 September 2024, 19:25
Overview of Ubisoft's Current Financial Crisis
Ubisoft's share prices took a significant nosedive on the London Stock Exchange. Following disappointing community feedback on Star Wars Outlaws, one of the company's investors is calling for it to go private.
Investor Reactions and Market Impact
This call for privatization comes just days after Ubisoft's share prices fell to a 10-year low. As of Sept. 9, 2024, shares dropped to about $15.08, raising alarms among investors.
- AJ Investments argues that Ubisoft is undervalued.
- Estimated worth should be between $44.15 and $49.67 per share.
- Concerns highlighted regarding mismanagement and future strategies.
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