Tuesday turns out to be second day of strong declines of CD Projekt on WSE

Tuesday's listing on the WSE ended at 7 percent of a discount on CD Projekt's shares. As part of the two-day series of decline, the rate returned to PLN 395, last seen a week ago. According to analysts, investors' moods on Tuesday cooled down worse than expected reviews of ‘Cyberpunk’, the premiere of which is scheduled for this Thursday.

"The Tuesday decline in the CD Projekt's price is the result of Monday's reviews of ‘Cyberpunk 2077’. Metacritic shows an average rating of 91 points, which of course means that the game is great (so-called ‘must-play’ according to Metacritic), investors' expectations were however, higher – hence their nervous reaction. Before the Thursday premiere, there is a lot of uncertainty both about the game itself, but also about sales – CD Projekt has not released any data yet," Tomasz Rodak, DM BOŚ analyst, said.

"The vast majority of allegations that appear in published opinions concern technical errors contained in the version they played. If not for that, the rating would be higher," he added.

He explained that the games that take place in the so-called open world are so complex that there are always errors in them. As the reviews show, there are more of them in ‘Cyberpunk’ than usually in this type of production.

"There is information that reviewers received a major update midway through the testing period that fixed many bugs. However, it is possible that not all of them have installed this update. The uncertainty is that it is not known which reviews were written after, and which before fixing the bugs," he added.

(PAP)