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Assassin’s Creed maker Ubisoft sinks to seven-year low after slashing guidance, cancelling games

Assassin's Creed maker Ubisoft sinks to seven-year low after slashing guidance, cancelling games

In this photo illustration, the Ubisoft video game company logo seen displayed on a smartphone.

Igor Golovniov | SOPA Images | LightRocket via Getty Images

Ubisoft shares plunged as much as 21% on Thursday after the French video game maker reduced revenue guidance, cancelled three titles and pushed back the release of its upcoming Skull and Bones game.

The company’s share price slumped as low as 18.80 euros apiece shortly after the market…


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