Last week Ubisoft announced sweeping changes to their business operation. The cancellation of Prince of Persia Sands of Time remake, which was set to launch in 2026 and 5 other unannounced titles. The delay of 7 unannounced titles, including the much rumoured Assassin’s Creed 4 Black Flag Remake and the closure of 2 studios and layoffs to come.
This big reset has seen a 34% blow to their stock price, which was already trending downward. This now means that Ubisoft stock is sitting at a low that it hasn’t been at since 2011, and with no big swings announced to be coming soon, there is no word on how the fledgling publisher will turn the ship around.
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