Ubisoft shares drop 14% following Q1 net bookings decline

Ubisoft reported a 9% year-over-year decline in Q1 net bookings to 255.8 million euros, citing a difficult comparison against the previous year's Assassin's Creed performance. The stock fell 14.18% on the Paris Stock Exchange, reflecting ongoing investor concern following the company's record 1.5 billion euro loss in the prior fiscal year.