Ubisoft shares plunge after Assassin’s Creed maker warns of further losses to come

Key points

• Ubisoft shares fell sharply before regaining some ground on Thursday after the Assassin's Creed maker warned it expects further losses this year.
• The French game maker posted an operating loss of 1.3 billion euros ($1.5 billion) in its 2026 financial year.
• Net bookings came in at 1.5 billion euros, a drop of 17.4% from the previous year.
• Its shares closed 2.2% lower on Thursday, after clocking losses of almost 20% earlier in the session.
• Ubisoft said it expects full-year net bookings to decline by a high single-digit percentage with a single-digit operating loss margin.