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Player One
Player One
Entertainment
Jose Enrico Coronel

Ubisoft's Stock Plunges 40% After 'Prince of Persia' Cancelation, Studio Closures

Ubisoft surprised everyone with the restructuring announcement on Wednesday, which meant the company is canceling multiple games, including the "Prince of Persia" project, and closing studios.

Despite the publisher's forward-looking ambitions, the market reacted negatively, sending shares tumbling.

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