Ubisoft shares plunge again after investor urges company to go private

Ubisoft’s share price plunged again on Monday after a minority investor called on management to take the company private or let it be sold to a strategic investor.

The Assassin’s Creed publisher’s share price fell almost 10% during trading today, before closing down 7.13% at €13.67. It has fallen by more than 50% over the last 12 months and now sits close to a ten-year low.

The company’s share price had already declined significantly earlier this month, reportedly driven by a combination of a poorer than expected launch for Star Wars Outlaws and a sharp decline in interest in free-to-play shooter XDefiant.

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