Amidst the continuous delays in the release of Cyberpunk 2077 and employee crunches, reports have surfaced stating how its share prices have fallen by 25% in the past two months.
According to Gamesindustry.biz, the share prices of CD Projekt peaked at the end of August, carrying a market cap of $US 10.7 billion, with the individual share prices being around $US 116.50.
But since then, the share prices have seen a considerable drop, going from $US 116.50 to around $US 85.
Honestly speaking, it is genuinely understandable why this happened. Only recently, CD Projekt had to delay the release of Cyberpunk 2077 once more, pushing the date all the way to December 10th, despite the game going gold at around the beginning of this October.
“Since Cyberpunk 2077 evolved towards almost being a next-gen title somewhere along the way, we need to make sure everything works well and every version runs smoothly. We’re aware it might seem unrealistic when someone says that 21 days can make any difference in such a massive and complex game, but they really do.”
CD Projekt
CEO Adam Kiciński also stated in a call with the investors how the game was ready for PC and next-gen consoles but caused issues when running on the current-gen consoles.
It would probably have been okay if this was all, but then the company decided to crunch it, forcing extra working hours onto the employees. People were further worried whether the recent delay would lead to even more crunch.
But, in the same call with the investors, as mentioned above, Kiciński also claimed that the crunch was never that bad in the first place.
“Of course it’s a story that has been picked up by the media, and some people have been crunching heavily, but a large part of the team is not crunching at all since they have finished their work. It’s mostly about Q&A and engineers, programmers—but it’s not that heavy. Of course, it will be extended a bit, but we have feedback from the team; they’re happy about the extra three weeks, so we don’t see any threats regarding crunch.”
Kiciński
Whatever the case may be, it is clearly visible that CD Projekt has lost quite a bit through the delays and the crunches in the past couple of months.
However, what’s also clear that the release of Cyberpunk 2077 may balance it out, as it still remains one of the most-anticipated games of 2020!
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