CD Projekt Stock Value Has Dropped By 75% Since Cyberpunk 2077 Launch

CD Projekt Stock Value Has Dropped By 75% Since Cyberpunk 2077 Launch

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Matt Lorrigan

The controversial launch of Cyberpunk 2077 has caused developer CD Projekt's stock market value to tumble by over 75%, according to Business Insider Poland.

Towards the end of 2020, ahead of the launch of Cyberpunk 2077, CD Projekt was valued at around 40 billion PLN (Polish zloty) on the Warsaw Stock Exchange. Now, however, the value of the business is less than 10 billion PLN, under a quarter of what it was less than two years ago.

This seemingly means that CD Projekt no longer holds the title of biggest game developer in Poland, at least when it comes to value, having been overtaken by Dying Light 2 developer Techland, despite the latter not being on the stock exchange, according to calculations by Polish economic newspaper Puls Biznesu.

Cyberpunk 2077 was one of the most highly anticipated games of the previous console generation, but proved to be a technical mess when running on the base Xbox One and PlayStation 4 consoles, prompting CD Projekt to offer refunds to anyone unhappy with the performance. This caused major damage to the company's reputation, and despite improvements made to the game over the past few years, it seems that its value on the stock market is yet to improve.

Comments
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  • sound like they need a Witcher...
  • Perfect, well deserved and I hope they never recover from this. I wish them only the worst.
  • I wish their handlers the worst
  • I think what caused the major damage to the company's reputation was all of the lying/scheming that led up to the release. The release revealing how much of a pile of crap the game was, was icing on the cake.
  • Game is now what it should have been. Game of generation! But they should have waited or skipped last ten altogether and their story would look totally different today:-(
  • Thats so sad, all the big corps try to rush it to fill their pockets then bail on them when they obviously needed another year or so in the oven before it was ready, greedy pricks. hope the guys and gals working at CD projekt red are doing fine.
  • I'm glad they took a massive hit following the fast one they tried to pull with Cyberpunk 2077.

    Also Marcin IwiƄski kind of blamed the failure on the testers and that it never looked so bad when they tried it. That just sounded bad and the developers also lost a lot of money because they had been promised a bonus that was nerfed when the game tanked.
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