Ubisoft's Assassin's Creed Shadows Delayed: Impact on Stock Price and Investor Confidence
In a shocking turn of events, Ubisoft has announced the delay of its highly-anticipated game Assassin's Creed Shadows until February 14, 2025, instead of the original release date of November 12. This decision comes on the heels of the disappointing performance of Star Wars Outlaws and concerns about Ubisoft's management.
Executive producer Marc-Alexis Cote cited the need for more time to polish and refine the gaming experience, despite the game being "feature complete." This news has not been well-received by investors, as Ubisoft's stock price has plummeted to a decade-low of 11.32 euros per share.
The delay of Assassin's Creed Shadows, the first game in the series set in Japan, beyond the lucrative holiday season is a risky move for Ubisoft. The underwhelming sales of Star Wars Outlaws have put pressure on the company to deliver a successful title to regain investor confidence.
In response to the backlash, Ubisoft has promised refunds to pre-order customers and a free expansion for new pre-orders. Co-founder Yves Guillemot reassured fans of their commitment to creating enjoyable games, despite the setback.
The decision to delay Assassin's Creed Shadows has raised questions about Ubisoft's future and the impact on its stock price. Investors are closely monitoring the situation as the company navigates through this challenging period.