What's going on with 11 Bit! On the back of Frostpunk 2's successful release, the company's share price fell 42% in three days

There is no end of talk in the media about the catastrophic drop in Ubisoft's share price - and this is not surprising, as the French publisher has released quite a few failed games over the past few years, and investors' patience is not unlimited. The situation with Ubisoft is absolutely natural and predictable, but what is happening now with the Polish company 11 Bit looks surprising.

Here's What We Know

Frostpunk 2 release took place a few days ago. The game received excellent reviews from critics, it was named one of the best economic strategies, gamers liked it and it has already sold 350 thousand copies, fully paying off the marketing costs.

And in just three days on the Warsaw stock exchange, the value of 11 Bit shares, without exaggeration, collapsed! Just a few days ago their price was 645 zloty ($168), and today it is 365 zloty ($95) and continues to fall. In five days, the share price has fallen by 42%!

There are no rational reasons for such a fall, most likely it will be short-term and within a week the value of 11 Bit securities will return to the following figures.

Source: Bankier.pl