Ubisoft Halts Trading and Delays Earnings Release Amid Financial Review
Ubisoft, the French video game giant, has abruptly suspended trading of its shares, corporate bonds, and two series of convertible bonds. The halt, effective at market opening on Friday, follows a delay in the release of its first-half fiscal year 2026 results. The company cited the need to finalize its semester-end close as the reason for the postponement.
The trading suspension is intended to curb market speculation and volatility, according to CFO Frederick Duguet. Ubisoft plans to release its half-year results in the coming days, along with rescheduling an investor call originally set for Thursday evening. The MOVE has sparked speculation about impending material news regarding the company's future trajectory.
Euronext will be notified once trading resumes. The unexpected halt underscores the challenges Ubisoft faces in navigating its financial disclosures amid a turbulent market environment.
