Ubisoft stock falls by double digits, erasing any gains from new Tencent deal

Only days after Ubisoft announced it was spawning a new subsidiary to handle all its major IPs, such as Assassin's Creed and Far Cry, the company's stock price has fallen double digits, erasing any progress it made following the announcement of the joint venture with Tencent.

3

Ubisoft's stock price gained 11% on Friday after it announced the new subsidiary in partnership with Ubisoft investor Tencent, and as of Monday, the stock price in the US, UK, and France has taken a double-digit point hit, falling by 11.80%. As for the UK specifically, Ubisoft opened at €12.15 and is now trading at €11.19, while in France, the stock price for the company fell by 12.06% to €11.16.

The decline in stock price has completely erased any value that was gained on Friday following the announcement of the new subsidiary. As for the new deal with Tencent, Ubisoft anticipates the closure of the deal will happen before the end of 2025, and once completed, Ubisoft will retain 75% control of the new company that will manage the following Ubisoft IPs: Assassin's Creed, Rainbow Six, and Far Cry.

3

• Read more: Take-Two CEO responds to biggest question in gaming: when will GTA 6 release
• Read more: Nintendo shows the value of its new app by revealing The Legend of Zelda Movie release date
• Read more: Microsoft confirms removal of popular Windows 11 account bypass
• Read more: Studio Ghibli-style AI images are melting OpenAI's GPUs confirms Sam Altman