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Stock impact report

Ubisoft shooter XDefiant is shutting down and sending refunds to players [Verge, The]

UBISOFT ENTMT UNSP/ADR (UBSFY) 
Company Research Source: Verge, The
Live service games are no sure thing — first, it was Concord, and now Ubisoft's free-to-play FPS that only launched in May will close its doors. Share this story Despite only officially launching the game in spring of this year, Ubisoft has already announced that it's ending development and sunsetting its free-to-play team-based shooter XDefiant . Like Hyper Scape before it, XDefiant had high expectations, with Ubisoft touting more than 1 million players in its closed beta last year. Now, it will disappear quickly, as it's no longer accepting new players as of today and is scheduled to shut off the servers entirely next June. Despite a delayed launch, Ubisoft said that XDefiant had reached more than 10 million players in its first two weeks and “outperformed expectations thanks to acquisition and strong average revenue per session day.” However, it couldn't maintain that momentum, and by this fall, rumors of trouble surfaced, with Insider Gaming reporting that concurrent player Show less Read more
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