Ubisoft shares plunge after big-bang restructuring announced

Ubisoft stock plummeted more than 34 percent on the Paris market by 1:50 pm (1230 GMT), the sharpest intraday fall in the company's history. Bosses had on Wednesday announced they would reorganise many of Ubisoft's fleet of development studios around different game genres, with the remainder offering project-by-project support. Slated for the beginning of April, just after the 40th anniversary of the group's founding, the restructuring was flanked by cancellations for six games in development,...