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Ubisoft Stock Tumbles More Than 25% - Investors Concerned

By Mazen "Mithrie" Turkmani
Published: January 12, 2023 at 3:34 PM GMT

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Ubisoft stock price has tumbled, Hogwarts Legacy cast was revealed, and Resident Evil 4 is celebrating it's anniversary.

Resident Evil 4 Anniversary

It's hard to believe, but it has been 18 years since the original launch of Resident Evil 4. This iconic game, developed and published by Capcom, quickly became a favorite among gamers around the world. In fact, many fans consider it to be one of the greatest games of all time. Now, as the anniversary approaches, excitement is building for the release of the upcoming remake on March 24, 2023.


Resident Evil 4 was first released on January 11, 2005, for the Nintendo GameCube. It later made its way to other platforms, such as PlayStation 2, PC, and even mobile devices. The game's innovative third-person shooter gameplay, intense atmosphere, and gripping storyline captivated players from the very beginning.


In Resident Evil 4, players assume the role of Leon S. Kennedy, a former police officer who is on a mission to rescue the President's daughter, Ashley Graham, from a mysterious cult in a remote European village. Along the way, Leon encounters hordes of infected villagers and grotesque monsters known as "Los Ganados," making every moment a fight for survival.


The game introduced many groundbreaking features that have since become staples of the survival horror genre. The over-the-shoulder camera perspective offered a more immersive and intense experience, allowing players to see their surroundings and enemies in detail. The inventory management system added a strategic element to gameplay, forcing players to carefully manage their resources and make tough decisions.


Resident Evil 4 also received critical acclaim upon its release. It was praised for its stunning graphics, cinematic presentation, and tight controls. The game's high-quality voice acting, particularly the performance of Paul Mercier as Leon S. Kennedy, added an extra layer of immersion to the already gripping narrative.


Now, as the 18th anniversary approaches, fans are eagerly anticipating the release of the Resident Evil 4 remake. While details about the remake are still scarce, it's safe to say that Capcom will be taking advantage of modern technology to enhance the game's visuals and gameplay. With improved graphics and updated mechanics, the remake promises to deliver an even more intense and terrifying experience.

Hogwarts Legacy Cast Reveal

In other gaming news, the highly anticipated game Hogwarts Legacy recently announced some of the cast members involved in bringing the magical world of Harry Potter to life. One of the most notable additions to the cast is Simon Pegg, known for his roles in movies such as Shaun of the Dead and Star Trek, who will be voicing the character Phineas Black.


Hogwarts Legacy is an open-world action role-playing game set in the wizarding world of Harry Potter. Developed by Portkey Games and published by Warner Bros. Interactive Entertainment, the game allows players to create their own characters and experience life as a student at Hogwarts School of Witchcraft and Wizardry.


The game takes place in the late 1800s, long before the events of the Harry Potter series, offering a fresh and exciting perspective on the magical universe. Players will be able to attend classes, learn spells, interact with other students, and unravel the mysteries hidden within Hogwarts' hallowed halls.


The announcement of Simon Pegg's involvement in the game's cast has generated even more anticipation among fans. Pegg is known for his exceptional acting skills and his ability to bring a unique charm and wit to his characters. With his incredible talent, he is sure to add depth and personality to the character of Phineas Black.


Hogwarts Legacy is scheduled to be released on February 10, 2023. The game's developers have been working tirelessly to create a truly immersive and magical experience for players. From exploring the vast grounds of Hogwarts to engaging in thrilling magical duels, Hogwarts Legacy aims to give fans the opportunity to live out their wizarding dreams.

Ubisoft Stock Tumbles

Unfortunately, not all news in the gaming industry is cause for celebration. Recently, Ubisoft, one of the industry's largest and most prominent companies, has experienced a significant decline in stock price. Over the past five days, the company's stock has tumbled more than 25% due to weaker than expected financial results.


Ubisoft, known for its popular franchises such as Assassin's Creed, Far Cry, and Watch Dogs, has faced several challenges in recent years. The company has had to deal with issues related to the cancellation of several unannounced games, disappointing sales figures, and delays in releasing highly anticipated titles.


One of the games affected by these setbacks is Skull and Bones, an action-adventure game set in the Golden Age of Piracy. Originally scheduled for release in 2018, the game has been delayed multiple times, frustrating fans and investors alike. The most recent delay pushes its release to the next financial year, adding to the growing concerns surrounding Ubisoft's ability to deliver on its promises.


In addition to the delays and cancellations, Ubisoft has also faced internal challenges related to its leadership. Rumors have circulated that the owners of the company have placed the onus on the employees to improve the company's performance, rather than taking responsibility themselves. This has led to increased tension and speculation about the future of the company.


Despite these setbacks, Ubisoft remains a major player in the gaming industry. The company has a large and dedicated fanbase, and its franchises continue to attract millions of players worldwide. While the recent decline in stock price is certainly concerning, it is worth noting that the gaming industry is known for its cyclical nature and the potential for rapid turnarounds.


Only time will tell how Ubisoft will navigate these challenges and regain the trust and confidence of its investors and fans. The upcoming year will be critical for the company, as it seeks to release highly anticipated titles and restore its reputation. As gamers, we can only hope that Ubisoft can rise above these obstacles and continue to deliver the immersive and innovative experiences we have come to expect from them.


In conclusion, the gaming industry is filled with both excitement and challenges. As we celebrate the 18th anniversary of Resident Evil 4 and anticipate the upcoming remake, we are reminded of the impact this game has had on the industry. Additionally, the Hogwarts Legacy cast reveal gives Harry Potter fans a reason to look forward to the release of the highly anticipated game. However, the struggles faced by Ubisoft serve as a reminder that even the biggest and most successful companies can face setbacks. It is a crucial time for Ubisoft, and we can only hope that they can overcome these challenges and continue to deliver the quality gaming experiences we love.

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Author Details

Photo of Mazen 'Mithrie' Turkmani

Mazen "Mithrie" Turkmani

I have been creating gaming content since August 2013, and went full-time in 2018. Since then, I have published hundreds of gaming news videos and articles. I have had a passion for gaming for more than 30 years!

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Mithrie.com is a Gaming News website owned and operated by Mazen Turkmani. I am an independent individual and not part of any company or entity.

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The news stories on Mithrie.com are selected by me based on their relevance to the gaming community. I strive to present the news in a fair and unbiased manner, and I always link to the original source of the news story or provide screenshots in the video above.