The entire market's been dropping, Netflix was at $500 a share in December 2020 and now it's $200, Take-Two Interactive was at $180 and now it's $130, and Zoom Video dropped from $410 to $108. Just about every stock is way down from their highs earlier last year including Tesla, Amazon, Microsoft, and Apple. And those valuations, including CD Projekt's had little to do with the company's actual fundamentals. I dare say unless something significant changes, CD Projekt (and many other companies) will drop as they are still valued too high given what's been going on in the world, and what's yet to happen when reality catches up.
Johnathanamz: Back in 2019 or something like that I remember CD Projekt RED had plans to release video games for sale every two years.
Not The Witcher 3: Wild Hunt or Cyberpunk 2077 type of video games, but smaller video games like Real Time Strategy (RTS) types of video games and maybe point and click types of video games.
Anyone know what happened to releasing smaller video games every two years plans?
I thought that that is also why CD Projekt RED has been purchasing these smaller video game development studios for.
Oh well. I would have loved to purchase a Real Time Strategy (RTS) video game developed by CD Projekt RED.
They released Thronebreaker in 2018, Cyberpunk 2077 came out in 2020, and now Gwent: Rogue Mage came out recently. There was also that Witcher augmented reality mobile game. So, they have been releasing something approx. every 2 years.