Following the bug, glitch, and repayment debacle, Cyberpunk 2077 studio CD Projekt Red dropped 22% of its share prices within a week. This is a pretty surprising drop.
After eight years of development and three delays, Cyberpunk 2077 was released on December 10 for PC, Stadia, PS4 and Xbox One. Despite the hard work practices and hours spent improving the experience, the latest generation console versions of Cyberpunk 2077 were full of bugs and glitches. Players were exposed to headless NPCs, exploding cars, angry windows, melting skin, tiny trees all over the map, invisible guns and blue screen crashes on PS4, and Xbox One, and Night City became the shadow of the glowing and dirty environment.
CD Projekt Red admitted that it may have misled Sony and Microsoft about its assurances about the game’s state at the time of release. Now the game has been withdrawn from PlayStation Store and refunds are offered for both PS4 and Xbox One.
After Sony announced that the game will no longer be available in its store, about $ 1.8 billion was removed from the company’s market cap, and its share prices fell from $ 108 to $ 81 in just one week. In a phone call with investors, co-CEO Adam Kicinski vowed to correct errors in the game’s development and launch.