Stock Investing
Electronic Arts (EA) Stock Weakened After Quarterly Results
Electronic Arts Inc (EA) closed the Thursday trading down -0.38% at $119.32 shares. The stocks have shown an increase of 10.99 percent since start of the year, but are down 15.03 percent over the last quarter. After the company released its quarterly report and forecasts, shares fell sharply last week. The drop in Electronic Arts shares on November 9 was triggered by news of imminent access to Pfizer and BioNTech vaccines, giving hope to overcome the pandemic and its associated restrictions in offline entertainment (cinemas, entertainment centers). A reassessment of the first impression of the quarter’s performance and appreciation of
