After Cyberpunk 2077, Project Red’s total CD worth has halved

CD Projekt Red is one of the biggest game developers in the world. The popular titles of this company include The Witcher 3 and Cyberpunk 2077. The cyberpunk game did not perform well at the time of its release, and this caused the company's value to drop more and more.

BingMag.com After Cyberpunk 2077, Project Red’s total CD worth has halved

CD Projekt Red is one of the biggest game developers in the world. The popular titles of this company include The Witcher 3 and Cyberpunk 2077. The cyberpunk game did not perform well at the time of its release, and this caused the company's value to drop more and more.

Now, according to what has been announced, the value of CD Projekt Red's stock has dropped by more than 75%. This means that in December 2020, the value of this company was more than 8 billion euros. Now the value of this company has reached less than 2 billion euros. In 2020, CD Project Red was the most valuable game company in Europe. However, this company no longer deserves this title and its value in 2022 is equivalent to 2017. One of the interesting points here is that currently Techland, the developer of Dying Light titles, is the most valuable European company.

BingMag.com After Cyberpunk 2077, Project Red’s total CD worth has halved

Techland is not as forthcoming about its financials as CD Projekt Red. For this reason, the value of this company is speculative and is estimated at 2.2 billion euros. In general, CD Project Red is one of the good companies in the gaming world. The Witcher title of this company was extremely successful and even its add-on packages were able to find a good place.

Cyberpunk discussion is not new. This game had a very bad launch and failed to live up to expectations. The release of this game was so bad that in the same year Sony removed Cyberpunk from its online store. After more than a year and a half since the release of the game, Cyberpunk has improved a lot, but it is not perfect. This made many fans disappointed with the improvement of the game.

The 9th generation version of Cyberpunk was released a few months ago. This version was also much better than the 8th generation version, but it still did not perform very well. CD Project Red has used the title Satisfying about the performance of this game, which was expected to reach this level after a year and a half of the game's release. Some even expected cyberpunk to be completely trouble-free by now.

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