Ubisoft plummets after major game delayed until after Christmas

Bloomberg

Two Takes Default
Two Takes Default

Delays in game releases happen. Ask Duke Nukem. When they miss the most lucrative time of the year, the repercussions are felt in the pocket book.

Ubisoft SA fell the most ever after Europe’s largest video-game maker said two new games would be postponed and Christmas tent-pole “Watch Dogs” will miss holiday sales.

Ubisoft predicted an operating loss of 40 million euros ($54 million) to 70 million euros in the year ending in March after delaying “Watch Dogs” and “The Crew” to improve game-play quality. The shares fell as much as 32 percent, the most since its 1996 debut on the Paris exchange.

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