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The founders of CD Projekt have lost about a billion dollars due to the drop in the stock prices of their company’s shares, and now their fortune is estimated at 3 billion, reports Bloomberg.
On Friday, December 18, shares in CD Projekt fell 18.5 percent. At the opening of trading, CD Projekt’s share price fell to PLN 249.9 per share compared to the previous trading session. Shares of CD Projekt entered a downtrend on December 4 after hitting an all-time high of PLN 443.
66.4% of CD Projekt’s shares are currently in free float, with the remainder of the shares being divided between the owners and the senior managers (Mikhail Kicinski, Adam Kicinski and Marcin Ivinski and Petr Nielubovich).
The market reacted with a drop in prices to Sony’s decision to temporarily stop selling Cyberpunk 2077 from its own PS Store. At the same time, Sony has given all the unhappy folks who don’t want to wait for the fixes to be fixed the opportunity to issue a full refund. This step was a response to massive player dissatisfaction with the quality of the game on outgoing generation consoles, in which the project proved unplayable.
Sony temporarily removed Cyberpunk 2077 from the PS Store and offered everyone a full refund for the game
