The company in 2023 launched a cost-cutting drive including studio closures and almost 2,000 layoffs. Uncertain future The belt-tightening did not save Ubisoft from judgement on financial markets, with the stock falling from more than 100 euros ($109 at today's rates) ten years ago to its all-time low of 9.01 euros in September. Ubisoft shares had fallen almost 5.6 percent on Wednesday to trade at 12.60 euros by the time markets closed, despite the good early reviews for "Shadows". Even before release of the hoped-for blockbuster, Ubisoft said it was "actively exploring various strategic and capitalistic options" for its future. Early rumours suggested that could involve going private with help from Chinese tech giant Tencent, a major investor that holds ten percent of Ubisoft. More recently, multiple outlets have reported the group could sell off much of its games catalogue to focus on its core titles.