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CD Projekt Has Reportedly Lost 75% of Share Value Since Cyberpunk Disaster

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CD Projekt's share price has lost more than 75% of its value since it released Cyberpunk 2077, according to a report from Business Insider Poland (H/T Eurogamer).

CD Projekt, which is the parent and publishing arm of the studio that produced The Witcher series and Cyberpunk 2077, was the most valuable games company in Europe prior to the release of Cyberpunk 2077, worth around 40 billion Polish złoty ($8.4 billion). Since then, BI Poland reports, its value has plummeted to around $1.8 billion — around the same value it had in 2017.

Even after that drop, CD Projekt remains one of Poland's most valuable companies, but Dying Light studio Techland may have surpassed it at around $1.9 billion, per BI Poland. That studio released Dying Light 2 Stay Human in February, shipping millions of units.

For its part, CD Projekt released Gwent: Rogue Mage, a story-focused single-player expansion to its virtual card game, last week. It is also said to be working on an expansion for Cyberpunk 2077 — which it continues to support with updates — and a new game in the Witcher series it announced in March.