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Cyberpunk 2077 developer CD Projekt Red has suffered a sharp drop in stock price, despite the release of the long-awaited sci-fi RPG.
The stock is down 29% from PLN 443 per share on December 4 to PLN 313.9 at the time of writing.
The decline can be attributed in part to complaints about bugs and glitches, which have spread through social media.
The share price also appears to have fallen since the reviews surfaced, suggesting that expectations for this game were extremely high given that the first wave of ratings gave Cyberpunk a Metacritic score of 91.
Even the launch itself has failed to boost the company’s shares, with the share price dropping 7.3% over the course of December 10 from PLN 390.6 to PLN 362. At one point, it fell as much as 7.8% to 360 PLN.
That’s despite the fact that CD Projekt’s investor relations Twitter revealed that the game had been booked eight million times. By comparison, The Witcher 3 only managed 1.5 million before launch.
More than half of these pre-orders were for PC, making this the biggest platform launch of all time. Cyberpunk also racked up one million simultaneous users on Steam, breaking the record for single-player games.
Looking further back, CD Projekt Red has suffered a 31% drop from its all-time high in August, when its market capitalization was PLN 42.5 billion, with a share price of PLN 460.8. This followed the announcement of a Pokémon Go-style AR mobile game based on The Witcher.
At the time, this put CD Projekt Red ahead of Ubisoft, although our review explored just how dependent the Polish developer is on Cyberpunk 2077.
The company already suffered a 25% decline in the two months that followed this peak, due in part to mandatory crisis reports and another in-game delay, leading Cyberpunk to its final release date of December 10. .
With the game also available on old and new consoles, as well as streaming services like Stadia, Bloomberg predicts that the game could match Red Dead Redemption 2’s sales of 17 million units in the first two weeks, setting a new record. .
Based on their analysis, Cyberpunk 2077 is likely to become the 10th best-selling game of all time with a project of 29.7 million units, replacing its ancestor The Witcher 3 with 28 million.
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