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Ubisoft: stock slumps after release of Far Cry 6

( - The Ubisoft stock fell 6.
2% yesterday the day the video games publisher released Far Cry 6, its most important release for FY 2021-22 (to end-March).

A major success for Far Cry 6 was necessary to enable the group to meet its 2021-22 guidance (single-digit sales growth and company standard EBIT of 420 to 500 million euros), Invest Securities said this morning.

The broker estimated that Far Cry 6 would result in 9m copies sold and 14.9% of 2021-22 revenues, it added.

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