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