CD Projekt - a breakthrough strategy [Closer to the Stock Exchange]

Twitter shares (TWTR.US) jumped more than 17,0% after Bloomberg reported that Elon Musk had again offered to buy the platform at a previously agreed price of $ 54,20 per share. Quoted by the BBC, a spokesman for Twitter Inc. informed that the company had received a letter from the president Tesla and plans to close the deal at the agreed price. The announcement of a $ 44 billion deal led to a double halt in trading in the shares of the social media giant.

Optimism in the CD Projekt chart

The shares of the Polish game producer ended the Tuesday session with 5,34% in the black. According to analysts, for the increase in valuation CD Projekt published information on the company's new strategy corresponds. There are plans to release a large extension to Cyberpunk 2077, which is expected to be available in 2023. The published strategy also assumes further productions that will be based on the world of The Witcher. The Sirius project, whose plot will be set in this universe, is to be directed, however, to a much wider group of recipients. The project, which is to offer players the multiplayer mode, is currently in pre-production phase, and its development will be the responsibility of the Boston studio The Molasses Flood.

We invite you to the next webinar Closer to the Stock Exchange, in which Maciej Kietliński presents the most important market information and discusses the most interesting companies listed on domestic and foreign stock exchanges.

In the latest webinar:

• The takeover of Twitter, however, will take place?
• Will the new strategy change the sentiment around CDR? 
• What's next with the Lubawa share price?

About the host

Maciej Kietlinski - professionally involved in the analysis of capital markets since 2017. He gained the necessary experience in such renowned companies as BGŻ BNP Paribas or Noble Securities. In his last place of work, he specialized in the analysis of listed companies from the dynamically developing gaming sector. He also gave stock exchange comments on TV Biznes24, Parkiet.tv or Inwestorzy.tv and for Forbes, Reuters, Parkiet, Gazeta Wyborcza and PAP Biznes. Kietliński also focuses on development, which is why he is currently working on a doctoral dissertation in economics at the Warsaw School of Economics. CIIA, Investment Advisor or Stock Broker.

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