Elon Musk's Cyberpunk 2077 Approving Tweets Help Boost Developer CD Projekt
Elon Musk's Cyberpunk 2077-Approving Tweets Help Boost Developer CD Projekt
Musk tweeted, "The esthetics (sic) of Cyberpunk are incredible btw," to his 43 million-plus followers.
By Reuters | Updated: 29 January 2021 11:02 IST
Shares of Shopify rose as much as 3.5 percent after Musk tweeted that the company "is great"
CD Projekt's shares were hit at the end of 2020
CD Projekt's shares jumped as much as 19 percent on Thursday
Rising share prices led to rumour the company could be a takeover target
Video games fan Elon Musk gave shares in Polish games producer CD Projekt a further boost on Thursday after the company's update of its flagship game prompted short sellers to close positions earlier in the week.
Shares in CD Projekt which is valued at almost PLN 37 billion (roughly Rs. 71,960 crores), jumped as much as 19 percent on Thursday, bringing the total gain so far this week to more than 50 percent.
CD Projekt's shares were hit at the end of 2020 following gamers' disappointment with the company's Cyberpunk 2077. Since then the firm has been working on improvements.