CI GAMES! CONTINUES CRASH WITH 25% DROP! Where is the Bottom?
5CI GAMES continues its crash and closed today at 2.80 PLN with a massive 25% drop. This is very bad. With this drop the stock closes the gap that started in March 2023, probably in anticipation of Lords of the Fallen.
Developers already rolled out patches to fix the issues with the game on different hardware. This is indeed a huge learning for them, to test the game on as many different PCs as possible. Personally I do not understand this. CEO promised to improve this.
I am curious where the stock finds its bottom. Enjoy.
NOT INVESTED IN CI GAMES!
Disclaimer: I am invested for the long-term in the following gaming companies and other companies I mention regularly in my videos. Also read the disclaimer down below. This is no financial advice. This is for information, entertainment or educational purposes only. Investing involves high risk and most probably you will lose your money:
Unity Software - Take-Two - Embracer Group - Bigben Interactive - Corsair - Ultimate Games - Focus Entertainment - Activision Blizzard - Ubisoft - Intel - Tencent - Microsoft - Bloober Team - Playway - Starward Industries - Starbreeze, Digital Bros, Square Enix, Team17, CD Projekt Red, Nacon, Bandai Namco, ENAD, Playtika, Nexon, Paradox Interactive, DontNod Entertainment, Frontier Development, Thunderful Group, and Bitcoin, Ethereum, Cardano, Matic, Tezos, Dogecoin, Solana
Tools & Links:
Beautiful Market Overview is from Finviz.com (https://finviz.com)
Great Gaming Industry Website: https://www.gamesindustry.biz
Charts from Tradingview.com
Charts from google finance, investing.com
https://www.gamesindustry.biz
https://www.pcgamer.com/cyberpunk-2077-sequel-is-officially-in-early-development-cd-projekt-says/
You find my previous stock market videos under my old channel:
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DISCLAIMER + PLEASE READ +: I am not a financial adviser. These videos are for entertainment, information and educational purposes only. Investing of any kind involves high risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research before you buy any stocks. I am merely sharing my opinion with no guarantee of gains or losses on investments. There is a high risk that you will lose all your money in stocks. DO NOT BUY ANY STOCKS YOU SEE IN ANY YOUTUBE VIDEOS.