31 days ago • Posted by Martin Boujol
Ubisoft's stock price is plunging
Ubisoft's stock price has been falling since the beginning of February 2021 up until now, going from a $85 high to $63 at the time of writing. This can be attributed to various factors, such as the disappointments experienced with the last episode of their Assassin's Creed franchise, volatility in the tech sector , as well as the entrance of new competitors in the industry such as Roblox. May this low valuation be a good buy opportunity?
Source: TradingView, The Motley Fool