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Ubisoft shares tumble after ‘Assassin’s Creed’ creator unveils restructuring, cancels games

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Shares of the company dropped 33% in a delayed start to trading, leading losses on the SBF 120 index of Paris’ most traded stocks.

PARIS: Shares in Ubisoft plunged on Thursday after the French video game publisher announced a sweeping reorganisation and said it would cancel six games.

Shares of the “Assassin’s Creed” video game series creator dropped 33% in a delayed start to trading, leading losses on the SBF 120 index of Paris’ most traded stocks.

They were on track for their biggest one-day drop since the company’s 1996 listing if the losses hold.

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