CD Projekt Red stock fallen over 75% since Cyberpunk 2077 release

[Mr Jt (Gog is king)]

Well if the wouldnt overhyped it and would have stocked to their original plans for this game(to make it actually a rpg) things would look different. Lets hope they learned their lesson



CD Projekt Red’s stock has dropped by over 75 per cent, since the release of Cyberpunk 2077, which had a very troubled launch.

According to a report from Business Insider Poland (via VGC), the company was worth forty billion Polish złoty. It was also Europe’s most valuable game company. And now it is worth ten billion.

This is similar to its trading numbers back in 2017, a couple of years after releasing The Witcher 3: Wild Hunt. The company is no longer even the most valuable games company in Poland. That title belongs now to Techland, purveyors, most recently, of Dying Light 2 Stay human.

Although, it should be pointed out that Techland is not a publicly traded company. But, according to one estimate, from Puls Biznesu, it could about 10.6 billion złoty:

“With the redemption of 15 million shares for a consideration of PLN 900 million, one share is valued at PLN 60. Assuming the number of shares of the company at 175.94 million, the implied valuation of Techland is PLN 10.56 billion.”

Cyberpunk 2077 was a terrific game, hampered by an awful launch. In VideoGamer’s review, I said:

“My guess is that time, and a series of hefty updates, will patch CD Projekt’s reputation and cool the conversation around Cyberpunk 2077. Whether or not it should cool is another matter. In the meantime, we have a game unlike any other.”

https://www.videogamer.com/news/cd-projekt-red-stock-fallen-over-75-since-cyberpunk-2077-release/

[Fostin4]

Publicado originalmente por ʟǟֆȶʟɨʋɨռɢքօɛȶ:

You might want to look at the current state of the entire stock market before you go blaming a 75% downturn on a single release. The media love putting nonsense clickbait narratives to these things and the public eats it up because for the most part they're too dumb to know any better.

OP just loves copy pasting click bait articles without any research.

[Phirestar]

Publicado originalmente por nullpo:

Publicado originalmente por Mr Jt (Gog is king):

Yeah independent studios are our only hope

Such black and white worldview.

My thoughts exactly.

Did you guys forget that we just had the release of Elden Ring, a couple of months ago? A triple-A release that completely and utterly dominated the gaming landscape, being played and talked about by seemingly everyone?


Some publishers releasing some botched games is not an accurate gauge of the industry as a whole. For as much as I've heard people say, "Indies are the future", for years and years, so too have I seen people continuously fixated on the big releases each and every year. It doesn't matter how many times the AAA companies come out with a flop - people look forward to their new releases with eager anticipation every time.

[Irene ❤]

Publicado originalmente por nightnight:

The truth is, Cyberpunk 2077 needed to be played by RTX 2080 users and up.

Scalpers destroying a good company.

[Ganger]

They made their money and now no new games are forcoming so the stock will drop. Once a new game is coming/released, the stock will once again rise. It's how the markets work.

[Fajita Jim]

Publicado originalmente por McGreedy:

CD project red is an indie studio, they have released only 4 real games in 15years

So they're outpacing Valve.

[Fumo Bnnuy n Frends]

Publicado originalmente por Mr Jt (Gog is king):

Well if the wouldnt overhyped it and would have stocked to their original plans for this game(to make it actually a rpg) things would look different. Lets hope they learned their lesson



CD Projekt Red’s stock has dropped by over 75 per cent, since the release of Cyberpunk 2077, which had a very troubled launch.

According to a report from Business Insider Poland (via VGC), the company was worth forty billion Polish złoty. It was also Europe’s most valuable game company. And now it is worth ten billion.

This is similar to its trading numbers back in 2017, a couple of years after releasing The Witcher 3: Wild Hunt. The company is no longer even the most valuable games company in Poland. That title belongs now to Techland, purveyors, most recently, of Dying Light 2 Stay human.

Although, it should be pointed out that Techland is not a publicly traded company. But, according to one estimate, from Puls Biznesu, it could about 10.6 billion złoty:

“With the redemption of 15 million shares for a consideration of PLN 900 million, one share is valued at PLN 60. Assuming the number of shares of the company at 175.94 million, the implied valuation of Techland is PLN 10.56 billion.”

Cyberpunk 2077 was a terrific game, hampered by an awful launch. In VideoGamer’s review, I said:

“My guess is that time, and a series of hefty updates, will patch CD Projekt’s reputation and cool the conversation around Cyberpunk 2077. Whether or not it should cool is another matter. In the meantime, we have a game unlike any other.”

https://www.videogamer.com/news/cd-projekt-red-stock-fallen-over-75-since-cyberpunk-2077-release/

deserved


idc if they made the witcher

THE COMPANY / BRAND IS NOT YOUR FRIEND

if they throw you under the bus on products they deserve every ounce of hate for their ♥♥♥♥ up. You're doing them a dis-service just letting it slide. Think of how bad triple a companies have gotten b/c people hate them but kept buying their stuff.

It's like a child if you keep giving candy for every bad thing they do even after yelling at them.

[Gitgud]

They are perfectly fine. This was even before cyberglitch was released. Well it’s an awful game but and not a game what was promised but they will recover from that. The ubisoft stocks look awful

[Rumpelcrutchskin]

They will probably recover... eventually.