EA Maintains Positive Outlook Despite Sinking Stock

Electronic Arts’ stocks has gone down 11 percent over the past month to $23 per share from $26 per share at the beginning of the month. Despite the release of Battlefield 4 for the new, next generation consoles, and other titles like FIFA 14, Madden NFL 25, NBA Live 14, and Need for Speed: Rivals, the company still remains a positive outlook well past the holiday season.

Some experts suggest that although the stock is sinking now, they believe that they will gain a giant sales boost in the long run with their monopoly-like reign in the sports game market along with the next generation console releases.

EA’s Chief Financial Officer, Blake Jorgenson added “We have been very cautious.”  EA has been playing it safe because they are unsure of customer’s buying habits this season due to the new consoles.

Electronic Arts Inc.

Stock Quote Notification

Stock information for Electronic Arts Inc. (NASDAQ:EA) for the week of 11/18/2013.

Date Open Close High Low Volume
11/18/2013 24.15 24.12 24.58 23.97 7,690,609
11/19/2013 23.96 23.32 24.25 23.09 7,940,675
11/20/2013 23.37 23 23.5 22.84 5,860,057
11/21/2013 23.03 23.39 23.59 22.68 4,621,794
11/22/2013 23.44 23.14 23.56 22.72 4,697,581

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Justin Camos is a lover of Breaking Bad and pop punk music. Follow him on Twitter @JustinCamos.

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