💨 Abstract
Ubisoft shares dropped after initial gains, as U.S. hedge funds are reportedly shorting the stock due to the company paying down only 500 million euros of debt in a deal to set up a subsidiary for popular video game franchises "Assassin's Creed", "Far Cry" and "Tom Clancy’s Rainbow Six". Tencent will invest 1.16
Courtesy: theprint.in
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