Assassin's Creed-maker Ubisoft's shares surge 11% on deal to spin off top game franchises [MSNBC.com]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
Company Research
Source: MSNBC.com
In this articleArtwork for Ubisoft's upcoming "Assassin's Creed Shadows" game.John Keeble | Getty ImagesOn Thursday, Ubisoftrevealed plans to form a new gaming subsidiaryTencentThe subsidiary will include Ubisoft's best-known games brands, including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six, according to a press release.Ubisoft shares jumped 11% as of 10:50 a.m. Paris time.The game maker said Thursday that its newly formed unit would "focus on building game ecosystems designed to become truly evergreen and multi-platform."watch nowVIDEO2:4102:41Saudi Arabia has highest penetration rate of women professional gamers globally: Saudi princeConvergeThe investment from Tencent values the new subsidiary at 4 billion euros, Ubisoft said. That's more than double Ubisoft's current market capitalization.Investors were hoping for a move from Ubisoft to clear up uncertainty surrounding its future after a series of challenges faced by the firm in recent years.Ubisoft has been plagued b
Show less
Read more
Impact Snapshot
Event Time:
UBSFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBSFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBSFY alerts
High impacting UBISOFT ENTMT UNSP/ADR news events
Weekly update
A roundup of the hottest topics
UBSFY
News
- Indigenous video games are gaining traction, and this independent studio is at the forefront [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Ubisoft accelerates in fast growing MOBA market by acquiring “March of Giants” game from Amazon [Yahoo! Finance]Yahoo! Finance
- Ubisoft Unveils AI Companions That Can Be Commanded With Your Voice [Forbes]Forbes
- Ubisoft says Tencent's $1.3 billion investment in its new Assassin's Creed-focused Vantage Studios is "imminent," in a move that will "accelerate the growth of our 3 flagship IPs" [Yahoo! Finance]Yahoo! Finance
- Ubisoft Finalises Tencent Accord As It Resumes Trading [Barron's]Barrons