Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Dusseldorf - Delayed Quote • EUR Ubisoft Entertainment (UEN.DU) Follow Add holdings 10.47 -0.01 (-0.10%) As of 8:10:20 AM GMT+2. Market Open. All News Press Releases SEC Filings Rocket Lab, UbiSoft, Nippon Steel: Stocks in 30 Rocket Lab (RKLB) shares are on the rise as the US Space Force selected the company for a $5.6 billion Space Launch program. UbiSoft (UBI.PA) announces a new video games subsidiary valued at $4.3 billion. Nippon Steel (NPSCY, NISTF) is reportedly considering investing $7 billion to upgrade United States Steel Corporation (X) facilities, according to Semafor. Morning Brief hosts Brad Smith and Madison Mills break down the news. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Ubisoft Shares Climb After Tencent Backs Assassin’s Creed Carveout Stock climbed on plans to carve out a unit that will house key franchises including Assassin’s Creed with the backing of Chinese tech giant Tencent. Trending tickers: Lululemon, Rivian, Alibaba, Ubisoft and WH Smith The latest investor updates on stocks that are trending on Friday ‘Assassin’s Creed’ Maker Ubisoft Jumps After Games Carve Out (Bloomberg) -- Ubisoft Entertainment SA shares jumped as much as 10% after the video game maker said it will carve out a unit including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six into a subsidiary with an enterprise value of about €4 billion ($4.3 billion).Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Ca Ubisoft shares drop, erase early gains on talk hedge funds shorting stock (Reuters) -Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises. The stock was down around 1% at 1451 GMT after dropping as much as 6% at one point, with an analyst citing a trading source who said U.S. hedge funds are shorting the stock given Ubisoft will pay down only 500 million euros of debt in the deal. The French company said that Tencent will invest 1.16 billion euros ($1.26 billion) in the new unit in exchange for a stake of about 25%. Ubisoft Gets $1.25 Billion Investment From Tencent for New Gaming Unit Ubisoft Entertainment said it is forming a new unit that would house its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six games, with Tencent Holdings investing 1.16 billion euros ($1.25 billion) for a minority stake in the subsidiary. Assassin's Creed creator Ubisoft sets up 4 billion euro subsidiary, backed by Tencent The new subsidiary, valued at about 4 billion euros, will bring together the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands, the group said in a statement. Ubisoft's shares rose in mid-March after Bloomberg News reported the videogame maker was seeking investors for a new entity, with Tencent among the invited bidders. The new subsidiary would include the teams developing the Tom Clancy’s Rainbow Six, Assassin’s Creed and Far Cry franchises based in the Canadian cities of Montréal, Quebec, Sherbrooke and Saguenay, and in Barcelona and Sofia, as well as the back-catalog and any new games currently under development or to be developed. Ubisoft announces the creation of a new subsidiary UBISOFT ACCELERATES ITS TRANSFORMATION BY LAYING FOUNDATION FOR NEW OPERATING MODEL WITH THE CREATION OF A SUBSIDIARY AND INJECTION OF €1.16BN OF CASH FROM SELECTED INVESTOR TENCENT PARIS – March 27, 2025 – Today, Ubisoft announced that it is accelerating its transformation by taking an important step in rapidly evolving its operating model with the creation of a dedicated subsidiary based on its Assassin’s Creed®, Far Cry®, and Tom Clancy’s Rainbow Six® brands. Following the formal and competit Ubisoft stock surges on Assassin's Creed Shadows release success Ubisoft Entertainment (UBI.PA) stock is surging following the successful release of "Assassin's Creed Shadows," which hit 2 million players over the weekend. Wedbush Securities managing director of equity research Michael Pachter joins Market Domination hosts Josh Lipton and Julie Hyman to discuss the game's success and the pressure on Ubisoft. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Ubisoft Shares Surge After Blockbuster Launch of New Assassin’s Creed Game Shares jumped after “Assassin’s Creed Shadows” garnered 2 million players less than a week since its release, surpassing the launches of “Assassin’s Creed Origins” and “Assassin’s Creed Odyssey.” U.S. video game spending fell 6% y/y in February, says Circana Circana analyst Mat Piscatella said that February 2025 projected U.S. consumer spending on video game hardware, content and accessories declined 6% when compared to the same period a year ago, to $4.5B. Spending so far this year is 11% lower than 2024 year-to-date, at $9.0B. Video game content spending in February fell 4% vs YA, to $4.0B. Subscription growth of 9% was offset by declines in Mobile of 4% and full game and add-on content across both Console (-11%), and PC, Cloud and Non-Console VR Ubisoft faces make-or-break moment with 'Assassin's Creed Shadows' Ubisoft is banking on the success of "Assassin's Creed Shadows" to fight its way out of financial troubles as the French videogame publisher grapples with falling revenue, a sinking stock price and takeover speculation. The title, which will be launched on Thursday, marks a return to the company's best-selling franchise after a string of high-profile flops including "Avatar: Frontiers of Pandora" and "Star Wars Outlaws" cast doubts on its strategy of licensing new intellectual property to create games. Ubisoft's stock took a beating last year, falling more than 40% last year and drawing interest from an activist investor. Assassin’s Creed Creator Ubisoft Said to Seek Gaming Backers (Bloomberg) -- Ubisoft Entertainment SA is looking to bring in investors to a new entity that will include some of its core video-gaming intellectual property, including Assassin’s Creed, according to people familiar with the situation.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Mo Game On: Discord reportedly in talks for IPO in 2025 “Game On” is The Fly’s weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This week’s most notable new game release is Take-Two’s (TTWO) professional wrestling sim “WWE 2K25,” which launches March 14 for PlayStation 4 (SONY), PS5, PC, Xbox One (MSFT), and Xbox Series X/S. DISCORD IPO: Discord, a social media and messaging app loved by gamers, that “allows users to chat via voice, video, or text,” has held discussions with bankers recently “to discuss prepara CFRA downgrades Ubisoft to 'Sell' amid weak net booking, Tencent talks Investing.com -- CFRA downgraded Ubisoft Entertainment (EPA:UBIP) to "Sell" from "Hold" and lowered its price target to EUR10 from EUR14, citing weak bookings and uncertainty over buyout talks with Tencent. Ubisoft sees cost reduction plan exceeding EUR200M by 2024-2025 As part of its ongoing efforts to streamline operations and enhance collective efficiency, Ubisoft (UBSFY) continued to drive significant cost reductions as it adopts an even more selective approach to investments. In December, following a thorough assessment of its performance, profitability and market conditions, Ubisoft announced the discontinuation of XDefiant and the closure of three production studios in high-cost geographies. Additionally, in January, the Group announced the closure of an Ubisoft reports 52% drop in Q3 net bookings, in line with guidance The maker of the blockbuster franchise "Assassin's Creed" reported net bookings of 301.8 million euros ($314.69 million) for the three months ending December 31, in line with its revised guidance of about 300 million euros. Fourth quarter net bookings are expected to grow year-on-year thanks to the "Assassin’s Creed Shadows" release. Ubisoft is now focusing on the launch of the newest instalment of the "Assassin's Creed" franchise set for March 20. Ubisoft Reports Third-Quarter 2024-25 Sales UBISOFT REPORTS THIRD-QUARTER 2024-25 SALES Q3 net bookings in line with revised expectations, and FY 2024-25 targets confirmed Positive Assassin’s Creed Shadows Previews ahead of March 20 launch Cost reduction program to be achieved by end FY25, ahead of schedule and in excess of €200m Review of strategic options ongoing Net bookings for the first nine months of fiscal 2024-25 In €m9 months2024-25 Reported change vs.2023-24 % of total net bookings 9 months 2024-25 9 months 2023-24 IFRS 15 sales Ubisoft to close UK site and restructure three others, affecting 185 staff The decision is a part of efforts to prioritize projects and reduce costs to ensure long-term stability at Ubisoft, it said. Ubisoft has been plagued by delays and the underperformance of some key titles, including a muted reception to the launch of Star Wars Outlaws in August last year, which did not meet sales expectations. The group has been reviewing its operations globally to "deliver the best experiences to players in today's hugely competitive market", Ubisoft Leamington said in a post on LinkedIn. Tencent, Guillemot Family Said to Mull Ubisoft Asset Venture (Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company’s value, people familiar with the situation said.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Spra Performance Overview Trailing total returns as of 5/2/2025, which may include dividends or other distributions. Benchmark is CAC 40 (^FCHI) Return UEN.DU CAC 40 (^FCHI) YTD -18.65% +4.26% 1-Year -52.41% -2.78% 3-Year -75.39% +19.75%