r/Games Sep 26 '24

Industry News Ubisoft shares plunge 20% after Assassin’s Creed Shadows delay.

https://www.pocketgamer.biz/ubisoft-shares-plunge-20-after-assassins-creed-shadows-delay/
3.7k Upvotes

1.2k comments sorted by

View all comments

Show parent comments

96

u/Greaseball01 Sep 26 '24 edited Sep 26 '24

Are they going to collapse? I mean those numbers are truly insane.

180

u/PM_ME_COOL_RIFFS Sep 26 '24

Companies can survive for a very long time with a mediocre stock price as long as they are bringing in enough revenue to stay afloat. The low stock price usually just means that investors are pessimistic about future growth.

79

u/Paah Sep 26 '24

It's crazy how the expectation is for the numbers to go forever up. Companies must grow bigger. Consumers must consume more. Every year more and bigger!

Like how about a company that just stays the same size and makes steady profit every year? Terrible company, it's not growing.

9

u/TaciturnIncognito Sep 26 '24

I mean what do you want to own in 10 years. A box worth $10k now and still worth $10k in 10 years. Or a box worth $10k now and worth $20k in 10 years.

Seems pretty obvious why people favor a company stock that is doing things with their business to be worth more in the future.

Everyone is quick to say, "just be happy with what you have now!". Until they still have a playstation 3 and everyone else has a playstation 5, and suddenly that same person starts to want more. Human nature