Just minutes before it was set to deliver its financial results for the first half of its 2025-26 fiscal year, Ubisoft mashed the brakes on the whole thing, postponing the release of its results to an unspecified future date. The company also requested that European exchange Euronext halt trading of the company’s shares and bonds from November 14 until the publication of its results.

    • Xotic56@lemmy.sdf.org
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      9 hours ago

      Yes because stocks are a straight up scam. It should be able to swing up and down as the market demands, but it doesn’t because every time there’s a potentially life changing movement up or down they halt it. They’ve done it many, many times before.

    • sp3ctr4l@lemmy.dbzer0.com
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      16 hours ago

      You… can…

      But its… kind of a really bad move, from the perspective of anyone with money, involved in Ubisoft.

      This is roughly the equivalent of an unannounced, sudden bank holiday, you know, right before everything over the FDIC insured 250k gets cleaned out.