In the last two months, the share price of CD Projekt Red fell by 25%. This follows news of obligatory extra hours and a further delay in Cyberpunk 2077.
As stated by Gamesindustry.biz, CD Projekt Red’s share price peaked at the end of August with a market capitalization of approximately $10.7 billion. While the price of the individual shares was USD 116.50.
The study then included mandatory overtime for employees to complete Cyberpunk 2077, and then announced a further delay in the launch date. Today, the price of the individual shares fell to $85 USD, a 25% drop in share value. The current market capitalization of the Polish company is PLN 33.4 billion, which is equivalent to EUR 7.2 billion.
In May of this year, the capitalization of CD Projekt Red exceeded that of Ubisoft for the first time, so we now conclude that the Polish company was too dependent on the expectations surrounding Cyberpunk 2077 to remain superior to the French company.