Kevork Djansezian/Getty Images News Ubisoft Entertainment (OTCPK:UBSFY) fell 6% in U.S. trading Thursday (and dropped 7% in Paris trading) alongside a downgrade at Stifel to Hold, from a previous Buy. That’s due to a combination of factors, analyst Drew Crum points out, including “what we view as overly ambitious FY2023 guidance, execution risk around the … Read more
Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations. It’s a relatively different take from other Ubisoft execs in the past, including chief financial officer Frédérick … Read more
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Article content PARIS — Ubisoft, France’s biggest video games maker, is still open to other partners after a deal in which China’s Tencent will raise its stake in the company, its co-founder and CEO Yves Guillemot said on Thursday. Guillemot’s comments, made at a … Read more