CD Projekt Loses a Third of Its Value on Game Bugs, Refunds
- Polish game developer slumps after Cyberpunk 2077 glitches
- Jefferies sees weakness until patches, financial clarity
Photographer: Wojtek Radwanski/AFP/Getty Images
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CD Projekt SA shares plunged for a third straight session after a slew of technical glitches in its long-awaited Cyberpunk 2077 game led the Polish developer to apologize and offer refunds to dissatisfied console gamers.
The shares closed down 7.6% in Warsaw, after tumbling as much as 25% during the day. The stock has now lost 33% of its market value since the first Cyberpunk reviews were published last week. The game became available on Thursday, the studio’s first major new title since 2015.