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Prince of Persia remake cancellation leads Ubisoft to its worst day ever; Citadel short bet pays off

Ubisoft Entertainment faced its worst day ever on the stock market following the cancellation of six video game titles, including the highly anticipated Prince of Persia: Sands of Time remake. This decision is part of a significant restructuring effort within the company.

Prince of Persia remake cancellation leads Ubisoft to its worst day ever; Citadel short bet pays off

Key Highlights

  • Ubisoft cancelled six video game titles, including the Prince of Persia remake.
  • The cancellation led to a record drop in Ubisoft's stock price.
  • The Prince of Persia remake faced a troubled development cycle.
  • The restructuring is aimed at improving Ubisoft's financial situation.
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Sources

  1. Ubisoft Cancels Prince of Persia: Sands of Time Remake, Delays 7 Games
  2. Prince of Persia remake cancellation leads Ubisoft to its worst day ever; Citadel short bet pays off

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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