CD Projekt RED Shares Down Nearly 50% Despite Cyberpunk 2077’s Financial Success

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Last updated on December 8th, 2022 at 02:40 pm

CD Projekt RED Shares Down Nearly 50% Despite Cyberpunk 2077’s Financial Success

The market value of CD Projekt RED has dropped 46% since early December. The company’s shares hit a low of $ 65.19 per share on Monday. Writes about this The Next Web. The fall happened despite the financial success of Cyberpunk 2077 – pre-orders of the project, recall,  amounted to 8 million copies.

Cyberpunk 2077
Cyberpunk 2077

Despite this, the studio’s value has continued to skyrocket since 2012, when the company announced work on Cyberpunk 2077. According to the publication, the share price has risen by 4300%, taking into account the current decline.

Cyberpunk 2077 was released on December 10th. Journalists who got acquainted with the PC version of the game delivered their verdict: 90 points on Metacritic. Variants for the basic versions of the last generation consoles have come under fire at all due to the mass of technical errors and general unpreparedness for release. Bloomberg journalist Jason Schreier reported that the studio took responsibility for the problematic launch of the game and promised to pay the required bonuses to employees.

The developers released a message to their fans yesterday. They apologized to buyers and promised to release a series of fixes in the coming months, and also reminded users of the possibility of a refund. With returns, however, things are not so simple

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