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11 Bit Studios Cancels Project 8, Stocks Plunge 34%

8/7/2025

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Summary

Story summary

In December 2024, 11 bit Studios made the tough call to cancel Project 8, a game in the works since 2018, resulting in a staggering $12 million loss. This decision triggered a 34% plunge in stock prices, igniting investor outrage over a lack of transparency. The Polish Association of Individual Investors condemned the studio for misleading its stakeholders.

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Story summary

In December 2024, 11 bit Studios made the tough call to cancel Project 8, a game in the works since 2018, resulting in a staggering $12 million loss. This decision triggered a 34% plunge in stock prices, igniting investor outrage over a lack of transparency. The Polish Association of Individual Investors condemned the studio for misleading its stakeholders.