The stock lubricates to Tencent deal in double digits

oriXone

The stock lubricates to Tencent deal in double digits

deal, digits, double, lubricates, stock, Tencent

After the announcement of a deal with Tencent to found a subsidiary, the Ubisoft share lubricated two digits.

Ubisoft founded a new subsidiary for his game brands Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six last week.

The Chinese company Tencent is in it at 1.16 billion dollars, which corresponds to a share of 25 %.

The news about this step was not well received on the financial market. Ubisoft's share fell in the double -digit range after the announcement.

In the markets of the United States, Great Britain and France, the stock fell by at least 11.80 %. In France, for example, the share dropped to 11.16 dollars (-12.06 %).

The price increase of 11 % was completely destroyed on Friday.

= Partner & affiliate links: Possible offers are usually provided with so-called affiliate links. With a purchase via one of these links, your Xboxdynasty supports. Without the impact on the price, we receive a small commission from the provider and can offer this website free of charge for you.

Leave a Comment