Ubisoft has suffered a string of setbacks amid wider games industry woes

Ubisoft has suffered a string of setbacks amid wider games industry woes

 Ina FASSBENDER

Trading in French video game giant Ubisoft was briefly suspended Thursday following a dramatic fall in its share price, a day after the firm announced it expected to make huge losses this year.

Shares plummeted 33 percent -- a record drop for the firm -- to 4.46 euros in early Paris trading prior to suspension. On resumption, it was down 34.37 percent.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.