• @[email protected]
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    415 hours ago

    I thought from this graph that the stock had tanked to pennies.

    It lost about 20% of its value, looks like

    • @[email protected]
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      1414 hours ago

      FWIW, a 20% drop is borderline catastrophic for a major company. The squeeze it puts on their supply chain, ability to make payroll, and interest rates on borrowing going up, it could be enough to create a death spiral. I think ubisoft is probably managed well enough to deal with this, but this is definitely a serious situation for them.

    • @Buttons
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      13 hours ago

      Look at the entire history.

      In 2018 their stock price was about 24, now it’s 2.