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Ubisoft shares plunge again after investor urges company to go private (www.videogameschronicle.com)
submitted 2 months ago by alessandro@lemmy.ca to c/pcgaming@lemmy.ca
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[-] GrindingGears@lemmy.ca 54 points 2 months ago

I don't think it matters in the long run. Make trash products, realize trash results.

[-] Gork@lemm.ee 30 points 2 months ago

Hedge funds really like replacing CEOs as long as it makes line go up.

[-] Beaver@lemmy.ca 28 points 2 months ago

It’s rare seeing investors asking for a company to go private.

[-] lath@lemmy.world 29 points 2 months ago

Apparently it might be what happens when they're trying to extract every bit of wealth possible before crushing it into nothingness and then moving on to the next parasitized host.

[-] altima_neo@lemmy.zip 25 points 2 months ago

Go private, sell out to a capital management group, undergo a bunch of cost cutting and selling off of assets, go public again if anything's left.

[-] ILikeBoobies@lemmy.ca 6 points 2 months ago

Investors want their shares bought out, they don’t want the public price/no one is buying

[-] GammaGames@beehaw.org 8 points 2 months ago

Good! Companies going public because $$ is short sighted

[-] imPastaSyndrome@lemm.ee 4 points 2 months ago

Good good... Activision Ubisoft...

this post was submitted on 10 Sep 2024
104 points (100.0% liked)

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