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

#Stocks #Technology
Ubisoft's stock price is plunging