The delay and negative news are speculated to be the main reasons why.
It is almost hard to believe, but at one point in time Cyberpunk 2077, one of the most hotly anticipated titles of 2020, was set to release in April. It was pushed back to November 19th, a date that seemed very firm, until another surprise delay hit the game. There’s now a lot of uncertainty about whether the game will actually make 2020 at this point, and that, among other things, has seen the stock of CD Projekt take a downturn.
As reported by GamesIndustry, the stock for the company has fallen a stark 25% over the last two months. The primarily reason probably was because of the unexpected delay of Cyberpunk, but as pointed out, it’s been one a downturn since before that occurred. While it can be somewhat difficult to pinpoint why stocks take sharp drops, as GameIndustry outlines, when the investor meeting was held to announce the delay, the questions fielded were not just about the delay but also work conditions at CD Projekt RED, the developer/publisher arm of the company working on Cyberpunk 2077. There’s been continuous stories about crunch at the studio, so it’s not outside the realm of possibility this also had an impact.
Cyberpunk 2077 is now set to release on December 10th. Reportedly, the game largely runs fine on PC and next gen systems, and the crux of the issue is with current gen hardware.