Buying Ubisoft Taught Me a Costly Lesson [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
Company Research
Source: Yahoo! Finance
Ubisoft (OTC: UBSFY) is a France-based video game publisher known for franchises including Assassin's Creed Rainbow Six , and Far Cry . The company was once one of the most powerful players in the gaming industry, but it's suffered an incredible fall from grace. I purchased shares of the company in 2022 amid the backdrop of an intensifying market for video game acquisitions. Early in January of that year, Take-Two announced that it would be acquiring mobile games publisher Zynga at a substantial premium. Soon after, Microsoft announced that it was buying Activision Blizzard -- once again at a substantial premium. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. In February 2022, Ubisoft CEO Yves Guillemot said that the company's board of directors was open to reviewing buyout offe
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News
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- Three developers behind Assassin's Creed Black Flag and Origins have been appointed head of the Assassin's Creed franchise at new subsidiary Vantage Studios [Yahoo! Finance]Yahoo! Finance
- Amazon continues retreat from games by ending publishing deal for open world racer [Verge, The]Verge, The
- Ubisoft CEO fights nepotism accusations after appointing son to lead new Assassin's Creed studio – by insisting "Ubisoft was created as a family company" [Yahoo! Finance]Yahoo! Finance