Shares in French games maker Ubisoft plunged more than 17 per cent on Thursday morning after the company cut its financial outlook and delayed the release of its latest Assassin’s Creed video game.

(Reuters) - French videogame maker Ubisoft has postponed the release of "Assassin's Creed Shadows" by three months to Feb. 14, 2025 and cut its guidance for second-quarter net bookings. Net bookings are now seen at around 350 million to 370 million euros in the three months to end September, compared with 500 million euros previously.

Shares in French video game giant Ubisoft plunged nearly 20 percent Thursday after it dropped its profit targets following a delay to its latest "Assassin's Creed"

Shares in game developer Ubisoft Entertainment fell to their lowest in more than a decade after the French video game company cut its outlook on weaker-than-expected sales and delayed the hotly anticipated Assassin’s Creed Shadows.

The latest instalment of the hugely popular "Assassin's Creed" video game series has been delayed to February instead of coming out in November as planned, its French publisher Ubisoft said. The company also warned that along with lower-than-expected sales for its "Star Wars Outlaws" released in late August,

The company also warned that along with lower-than-expected sales for its "Star Wars Outlaws" released in late August, it would fail to meet its financial targets

PARIS ― The latest installment of the hugely popular "Assassin's Creed" video game series has been delayed to February instead of coming out in November as planned, its French publisher Ubisoft said on Wednesday.