US duties hit Ubisoft's capitalization - the company has fallen in price until 2013
Yesterday it became known that the US duties hit a number of Japanese gaming companies, among which Sony and Nintendo were most affected:
However, as it turned out, yesterday's & quot; Ubisoft did not pass the financial market either. Probably the French publisher planned that the transaction with Tencent should lead to an increase in shares, but the effect of it turned out to be short -lived: at first, the information hit the information that a number of shareholders intend to sue Ubisoft and demand a revision of the transaction, and now the situation has aggravated the US duties towards the Ubisft. 7.83%, which ultimately led to the fact that Ubisoft's capitalization dropped to the level of April 2013. Today, the company partially managed to play the fall - at the moment, the Ubisoft market capitalization is $ 1.21 billion.
Nevertheless, at the moment there are no prerequisites for the fact that the French publisher will be able to radically turn over the constant negative background and return at least part of the cost that Ubisoft was in 2019-2020.
Actual news
Comments:
