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News video games 18 December 2020, 14:29

author: Bart Swiatek

CD Projekt Stocks Plunge After Cyberpunk 2077 is Pulled From PS Store

The decision to remove Cyberpunk 2077 from PlayStation Store had a negative impact on CD Projekt's stock price. The Polish publisher lost nearly 20% at the opening of the Warsaw Stock Exchange.

IN A NUTSHELL:

  1. At the Friday's opening of the Warsaw Stock Exchange, CD Projekt's stocks lost nearly 20% of their value;
  2. Currently the situation is slightly better, but the Polish company still loses over 16%;
  3. The reason are the problems with Cyberpunk 2077 - mainly the game getting pulled from PS Store;
  4. Within less than two weeks, share prices fell by over $50.

In response to Cyberpunk 2077 getting pulled from PlayStation Store, the price of CD Projekt's stocks on the Warsaw Stock Exchange fell by nearly 20% on Friday. Currently, one share of the Polish company is worth PLN 262,5 (roughly $71), which is 15.10% worse than yesterday evening's price.

If we compare the current share price to the records quoted a few days before the lauch of Cyberpunk 2077, the situation looks worse than bad - in less than two weeks the value of CD Projekt's assets got slashed by over $50 per share (on December 7, at the best moment, one share was priced at PLN 464.2 / $127).

CD Projekt Stocks Plunge After Cyberpunk 2077 is Pulled From PS Store - picture #1
CD Projekt - quotations over the last month. Source: Bankier.pl.

It remains to be hoped that the Polish developer will still be able to bounce back and deal with both fixing of the game and the serious image crisis.

  1. Cyberpunk 2077 on PS4 is a Disaster. We Were Supposed to Burn City, not Consoles
  2. Cyberpunk 2077 Review - Samurai, You've Got a Great RPG to Play!
  3. Cyberpunk 2077 Without Secrets - A Handy Guide to Night City
  4. Cyberpunk 2077 - game guide
  5. Cyberpunk 2077 - official website
Cyberpunk 2077

Cyberpunk 2077

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