Publicly traded video game stocks had another fairly tame week, with the notable exception of GameStop (GME). Each week we track 8 companies closely tied to console-based video games to see how they are performing: 3 publishers, 3 console makers, 1 retailer, and 1 esports ETF. Weekly performance is measured from the closing price of […]Read More
Tags : EA Stock
Electronic Arts (EA) ends a rollercoaster week with one of their best trading days ever with the stock up over 16% in one day. Just 2 days before, the stock had fallen over 15% on a weak earnings report that included disappointing guidance for 2019. Today was a completely different story as Wall Street cheered […]Read More
Electronic Arts, the company behind massively popular sports video games like FIFA and Madden posted a huge revenue miss for their latest quarter and the stock is getting absolutely clobbered as a result. Analyst consensus for revenues in the holiday quarter (October, November, December 2018) was $1.75 Billion. The actual number came in at $1.61 […]Read More