CD Projekt Red’s share price falls 25% following Cyberpunk 2077 delay

Cyberpunk 2077 was set to be released soon but, developer CD Projekt Red delayed the game for the third time, and with the confirmed delay, CDPR’s stock price fell by 25%.

CD Projekt Red’s Cyberpunk 2077 is one of the most anticipated games of 2020, but its development has been shrouded in controversy.

Cyberpunk 2077 launch delays: What you should know

The game was initially supposed to launch on 16 April 2020 but was then delayed, first to 17 September, then to 19 November, and now to 10 December.

The company has come under fire for creating a “crunch” culture, and the delay announcement came as a surprise on October 27 via a post on Twitter and once more CDProjekt has found themselves in a PR nightmare.

CD Projekt Red had already promised fans that the game would not be delayed anymore and to twist the knife further, the day before the most recent delay.

Watch: Cyberpunk 2077 trailer

CDPR even directly promised one fan that they were safe to take leave from work as the game had “full confirmation” and would be released on time.

It’s quite frustrating that Cyberpunk 2077 is seeing another delay to December 10, 2020, due to the COVID19 pandemic and reports are already coming out regarding mandatory crunch at CD Projekt Red, even though the studio had promised that there would be none.

Reasons for delay

I’m sure CD Projekt Red investors weren’t too happy about the sudden announcement and the Cyberpunk 2077 delay especially following the announcement CD Projekt Red had made stating that the game had gone gold.

The cause of the delay is reportedly about the game needing optimisations for current generation consoles. When Markets opened on October 28 it didn’t look good, highlighting just how much the stock price had dropped.

I’m really hoping this will be the last delay for the game as fans are eagerly waiting for it.

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