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Disappointing Sales of Cyberpunk 2077 Phantom Liberty Causes Decline in CD Projekt RED’s Stock Price

It seems that some of those who believed in the modern CD Projekt RED failed to make a profit with the release of Cyberpunk 2077 Phantom Liberty

Much was expected from Cyberpunk 2077 Phantom Liberty, but miracles did not happen. The DLC received generally positive reviews, but only sold 3 million copies.

Against the background of such a release of Cyberpunk 2077 Phantom Liberty and the publication of information about expenses (budget + marketing amounted to about $85 million), the cost of CD Projekt RED has noticeably collapsed.

If we take as a starting point the release time of the supplement on September 25-26 (share price 149.4 – 141.1 Polish zlotys, respectively), then by October 6 the share price was 107.6 zlotys, i.e. a drop of almost a third.

marketwatch

The media quotes analytics: «The high budget for production and marketing implies that the expansion has not yet broken even. More importantly, [происходящее со стоимостью акций] may indicate that investors are underestimating the value of future games».

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