Prince of Persia remake cancellation leads Ubisoft to its worst day ever; Citadel short bet pays off

Core Viewpoint - The cancellation of six video game titles as part of a major restructuring has led to Ubisoft Entertainment experiencing its worst day on record in terms of share price decline [1] Group 1: Company Impact - Ubisoft Entertainment's shares plummeted following the announcement of the cancellation, indicating significant investor concern regarding the company's strategic direction and future prospects [1]