{"id":1707,"date":"2020-12-10T17:19:50","date_gmt":"2020-12-10T17:19:50","guid":{"rendered":"https:\/\/thenextweb.com\/?p=1331212"},"modified":"2020-12-10T17:19:50","modified_gmt":"2020-12-10T17:19:50","slug":"cd-projekt-stock-down-20-since-cyberpunk-reviews-hit-the-internet","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=1707","title":{"rendered":"CD Projekt stock down 20% since Cyberpunk reviews hit the internet"},"content":{"rendered":"\n<p>CD Projekt\u2019s (CDR) share price has fallen nearly 20% since the first reviews of its new video game Cyberpunk 2077 surfaced earlier this week.<\/p>\n<p>The game, which came out on Thursday, is drawing widespread criticism due to a <a href=\"https:\/\/www.independent.co.uk\/arts-entertainment\/games\/news\/cyberpunk-2077-glitches-fix-b1769150.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">seemingly never-ending stream<\/a> of awkward bugs and glitches.<\/p>\n<p>The Warsaw-listed studio first announced the title <em>eight years ago<\/em> in 2012, and originally scheduled its release for last spring.<\/p>\n<p>However, devs pushed Cyberpunk 2077\u2018s release back three times in the past year, citing difficulties with building the game for release across nine separate platforms.<\/p>\n<figure class=\"post-image post-mediaBleed alignnone\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-1331222 lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr.png\" alt=\"cd projekt, cyberpunk, stock\" width=\"882\" height=\"660\" sizes=\"(max-width: 882px) 100vw, 882px\" data-lazy=\"true\" data-srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr.png 882w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-280x210.png 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-361x270.png 361w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-180x135.png 180w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-796x596.png 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-368x276.png 368w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-736x552.png 736w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-632x474.png 632w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2020\/12\/cdr-536x402.png 536w\"><\/figure>\n<\/p>\n<p><em>[Read:&nbsp;<a href=\"https:\/\/thenextweb.com\/hardfork\/2020\/12\/07\/esports-gaming-hero-espo-stocks-etfs-coronavirus-vaccine-bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer\">Meanwhile, esports and gaming stocks are pumping to record highs<\/a>]<\/em><\/p>\n<p>The company reportedly spent $130 million on its development.<\/p>\n<h2>Cyberpunk tanked CD Projekt\u2019s stock, but it\u2019s still WAYYY up<\/h2>\n<p>Falling so sharply directly after dropping such an anticipated title might seem a little grim, but CDR&nbsp;stock is still an over-achiever.<\/p>\n<p>In fact, its&nbsp;share price has risen nearly 1,400%&nbsp;since it released The Witcher 3: Wild Hunt in 2015, during which time its market value has grown to almost $10 billion.<\/p>\n<p>That\u2019s 250% more than Elon Musk\u2018s electric vehicle firm Tesla, and leagues ahead of 2020 outliers like Zoom Video and <a href=\"https:\/\/thenextweb.com\/hardfork\/2020\/11\/17\/covid-vaccine-moderna-pfizer-sp-500-stocks-market-reaction-trillion\/\" target=\"_blank\" rel=\"noopener noreferrer\">Moderna<\/a>.<\/p>\n<p>But CDR does trail all three considerably in 2020, having now risen just 26% in the year-to-date.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\" readability=\"9.2040816326531\">\n<p lang=\"en\" dir=\"ltr\">Of the 8 million pre-orders for Cyberpunk 2077:<\/p>\n<p>PC: 4.72m <br \/>Console: 3.28m <\/p>\n<p>This will be the biggest day one launch ever for a PC version of a game. (Beats WoW: Shadowlands 3.7m) <a href=\"https:\/\/t.co\/hbYzerxzFX\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/t.co\/hbYzerxzFX<\/a><\/p>\n<p>\u2014 Daniel Ahmad (@ZhugeEX) <a href=\"https:\/\/twitter.com\/ZhugeEX\/status\/1337012130197991425?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">December 10, 2020<\/a><\/p>\n<\/blockquote>\n<p>Stock performance aside, it might soothe investors to know the company is <a href=\"https:\/\/www.cdprojekt.com\/en\/wp-content\/uploads-en\/2020\/11\/earnings-presentation_q32020.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">still bringing in loads of cash<\/a>.<\/p>\n<p>Despite <a href=\"https:\/\/simplywall.st\/stocks\/pl\/media\/wse-cdr\/cd-projekt-shares\/news\/revenue-miss-cd-projekt-sa-fell-18-short-of-analyst-revenue\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">missing analyst targets<\/a> by around 20%, CD Projekt\u2019s sales are up more than 320% in the past year, and its quarterly net profits rose 57% year-on-year.<\/p>\n<p class=\"c-post-pubDate\"> Published December 10, 2020 \u2014 17:19 UTC <\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/hardfork\/2020\/12\/10\/cd-projekt-cyberpunk-2077-stock-share-price-drop-witcher-penis-bug\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CD Projekt\u2019s (CDR) share price has fallen nearly 20% since the first reviews of its new video game Cyberpunk 2077 surfaced earlier this week. The game, which came out on Thursday, is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1708,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/1707"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1707"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/1707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/1708"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}