Ubisoft shares plummet after Assassin’s Creed maker cancels six games

Ubisoft shares plunged 34% on Thursday after the maker of the Assassin’s Creed video games announced a major organizational shake-up, alongside plans to shut studios and axe six games.

Ubisoft said studios in Halifax, Nova Scotia, and Stockholm would close, with restructurings in those in Abu Dhabi, United Arab Emirates, Helsinki and Malmö, Sweden.