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Stock hit a 5month low after beating earnings and raising guidance. Stock received multiple price target increases, was up after-hours and premarket after it earnings but fell when the market opened.
Apex Mobile is coming that will be a big money maker.
Battlefield 2042 was most talked about game on the internet during E3.
Seems people are boycotting Activision-Blizzard. I say that cause twitch charts are showing Warzone is at lowest levels in August while Apex Legends is having its best month ever on Twitch.
Some other potential bonuses for EA is next gen games are $70 instead of $60. Millions of copies of FIFA and Madden sold for an extra $10 adds up. EA also has been buying mobile companies to drive up that business.
Also they buyback stock and payout a small dividend.
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