Since its peak at the end of August, Cyberpunk 2077’s developer CD Projekt Red’s share price has fallen by 25%.
As reported by GamesIndustry.Biz, the peak coincided with the announcement of The Witcher: Monster Slayer mobile AR game. Since then, CD Projekt Red market cap has dropped by almost €2.5 billion ($2.9 billion). In August 2020, the price per share was around $116 USD and, as of October 30, it had fallen to around $84 USD.
In that time frame, the COVID-19 pandemic has continued, Cyberpunk 2077 has seen another delay to December 10, 2020, and reports have come out about mandatory crunch at CD Projekt Red, even after the studio promised there would be none.
CD Projekt Red Head of Studio Adam Badowski responded to the reports, saying it was “one of the hardest decisions I’ve had to make,” but noted that the developers would be “well compensated for every extra hour they put in.”
Cyberpunk 2077’s delay follows CD Projekt Red stating that the game had gone gold. However, the developer needed a bit more time, and it appears that the delay may be related to the current-gen versions of the much-anticipated game.
CD Projekt Red CEO Adam Kicinski once again said there will be no further delays following this one, as this most recent push back is of a much different type than the previous ones.
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For more on Cyberpunk 2077, check out its Twitter account having a reckoning with its old Tweets following the delay and our thoughts after playing Cyberpunk 2077 for four hours earlier this year.
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