‘Cyberpunk 2077’ Causes CD Projekt Stocks To Plummet In Value By 75 Percent

Almost two years after it was first released, CD Projekt are still feeling the sting of the entire Cyberpunk 2077 debacle. For a game that was so intensely hyped, saying that Cyberpunk 2077 didn’t stick the landing would be a colossal understatement.

After a major update earlier this year, Cyberpunk 2077 is in great shape and is finally living up to its potential. Despite there still being a lot of player reluctance, sales for Cyberpunk 2077 have seen a major boom in recent months, but it’s not enough to save CD Projekt’s stock values.

In case you missed it, check out the trailer for Netflix’s upcoming animated series Cyberpunk: Edgerunners below.

According to Business Insider Poland, CD Projekt has seen the value of its shares plummet by a whopping 75 percent. Previously one of the most valuable games studios in Europe, CD Projekt’s shares are now worth less than 10 billion Polish złoty (£1.77 billion). They were previously worth around 40 billion Polish złoty (£7.11 billion). This means that CD Projekt’s current value is about on par with its value in 2017.

As pointed out by PC Gamer, this means that fellow Polish developer Techland now appears to have overtaken CD Projekt in value. Techland is currently thought to be worth around 10.6 billion Polish złoty (£1.88 billion) with the success of Dying Light 2: Stay Human contributing to the increase in the studio’s value.

I imagine CD Projekt’s sights will now be firmly set on the next instalment of The Witcher franchise which was announced back in March. We don’t know much about the game at this point in time. A teaser poster simply referred to it as The Witcher, complete with the tagline “A new saga begins.” Regardless, let’s hope that CD Projekt have learnt their lesson.

Topics: Cyberpunk 2077, CD Projekt Red