(CercleFinance.com) – Ubisoft (-18%) lost much of its speculative appeal after the announcement of Tencent’s minority stake in the capital of Guillemot Brothers Limited.
The Chinese group is making an investment amounting to 300 ME (200 ME for the acquisition of securities and 100 ME for the capital increase), which is a drop in the bucket compared to the size of this conglomerate, which is also a publisher of video games.
Ubisoft, which pulverized the support of 39.6E on July 15 and 27, fell back to 36.05E, erasing all its gains since April 22 and the first rumors of a capital increase in Tencent.
The main support stands at 34.5E/34.1E, the yearly low on April 21st.
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