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Since its peak in late August, the share price of Cyberpunk 2077 developer CD Projekt Red has dropped 25%.
As reported by GamesIndustry.Biz, the spike coincided with the announcement of the mobile AR game The Witcher: Monster Slayer. Since then, CD Projekt Red’s market capitalization has shrunk by almost € 2.5 billion ($ 2.9 billion). In August 2020, the price per share was hovering around $ 116 USD, and as of October 30, it had dropped to around $ 84 USD.
In that time frame, the COVID-19 pandemic has continued, Cyberpunk 2077 has experienced another delay to December 10, 2020, and reports have emerged about the mandatory crisis on CD Projekt Red, even after the studio promised that there would be none.
Studio CD Projekt Red director Adam Badowski responded to the reports, saying it was “one of the hardest decisions I’ve ever had to make,” but noted that developers would be “well compensated for every extra hour they put in” .
The Cyberpunk 2077 delay follows CD Projekt Red stating that the game had gone gold. However, the developer needed a bit more time and it seems that the lag may be related to current-gen versions of the long-awaited game.
CD Projekt Red CEO Adam Kicinski said once again that there will be no further delays after this one as this most recent pullback is of a very different kind than previous ones.
To learn more about Cyberpunk 2077, check out his Twitter account which has a reckoning with his old Tweets after the delay and our thoughts after playing Cyberpunk 2077 for four hours earlier this year.
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Adam Bankhurst is a news writer for IGN. You can follow him on Twitter @AdamBankhurst and on Twitch.
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