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Stock For CD Projekt Red Fell 25% After Cyberpunk Delays

Cyberpunk 2077 has been in the news quite a bit recently and most of the news hasn't been very positive. Reports of crunch take started to leak later the game has been delayed not one time, just twice in the last few months. With all of the negative news, it has taken a cost on the stock for CD Projekt Red.

Per GamesIndustry.biz, CD Projekt Red's share toll has decreased by 25%. This comes at its tiptop just at the cease of Baronial.

The acme came correct when the publisher/developer announced the new Witcher mobile game that Pokemon Go fans will find very familiar. During that peak in August, the market cap for the company was PLN 42.4 billion, which equates to effectually €9.6 billion. This is based on a price of PLN 461 per share.

On Th, that cost had fallen to PLN 331. This is the lowest its been since April.

With all of that said, that stock will for sure ascension in one case the game is finally released. The hype around this title has been so large that it is nigh a guaranteed success. Unless at that place is some other delay, I don't think we will encounter stock for CD Projekt Red take a dive for quite a while.

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Cyberpunk 2077 is fix to release on December x for PC, PS4, and Xbox One. The game can as well exist played on the upcoming PS5 and Xbox Series X|S thanks to backwords compatibility. A next-gen upgrade that has been developed specifically for the new consoles is on the way too and will exist free to all of those who had purchased the game before.

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Source: https://www.dualshockers.com/stock-cd-projekt-red-fell-after-cyberpunk-delays/

Posted by: arnoldfigother.blogspot.com

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