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CD Projekt RED share price plummets 19% after news of Cyberpunk 2077 being removed from PS Store

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Rumored Sony Acquisition of CD Projekt RED Proven False: Here's the Truth

Shares of CD Projekt RED at the opening of trading on Friday, December 18, fell immediately by 19%. At the time of writing, they are trading at 259 Polish zlotys per paper- 19.05 % less than at the close a day earlier, when they were worth 309 zlotys.

On the night of December 18, Sony launched a special page in the PS Store where you can apply for a refund for a digital copy of Cyberpunk 2077. at the same time, the time spent in the game is not taken into account. in addition, the action-RPG from CD Projekt red was removed from the sony store. a physical copy can still be purchased, and the developers have committed to supporting the game with updates.

CD Projekt RED shares have been losing value since December 4, when they reached a historic high of 443 zlotys. 66.4% of the company’s securities are in free circulation, and the rest belong to former CEO Michal Kaczynski, current Adam Kaczynski, and Marcin Ivinski, as well as CFO Peter Nielubowicz.

According to Bloomberg, the fall in the share price after the release of Cyberpunk 2077 cost top management about a billion dollars. Now their fortune is estimated at 3 billion.

Update: CD Projekt RED share price plummets 20% after news of Cyberpunk 2077 being removed from PS Store.

  • Read everything related to Cyberpunk 2077 here.

Update: CD Projekt RED share price plummets 21%

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