share price drop

cd-projekt-stock-drops-following-cyberpunk-2077’s-removal-from-ps4-store VG247

CD Projekt stock drops following Cyberpunk 2077’s removal from PS4 store

By Alex Calvin, Friday, 18 December 2020 12:01 GMT It looks like investors aren’t happy about the studio’s run-in with Sony.The share price of Polish games firm CD Projekt has plummeted after Cyberpunk 2077 on PS4 was pulled from sale on the PlayStation Store.The company’s stock closed at PLN309.20 ($85.19) yesterday, Thursday, December 17, but opened at just PLN260 ($71.63) this morning. That’s a 15.9% decrease overnight and a 40% drop from the all-time high CD Projekt shares hit in August, back when the company was worth PLN42.4 billion ($11.7 billion). This is no doubt a reaction to Sony pulling…