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>At the time of writing, Ubisoft shares are trading at €15.50, their lowest level since 2015. It is worth noting that the company was on the rise at the time, while its value has been steadily declining for a while now. The stock has plunged around 34% since the start of 2024.
>The main reason for such a decline is the launch of Star Wars Outlaws, with J.P. Morgan analyst Daniel Kerven saying that the game “has struggled to meet our sales expectations despite positive critical reviews.” He also lowered his sales expectations for Outlaws by from 7.5 million to 5.5 million units until the end of the current fiscal year ending March 31, 2025.
So... Are videogames just dead now? It's just gacha slop from Korea and China and that's it?
