Videogame makers, investors prepare for more rough times ahead [Seeking Alpha]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
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Videogame makers, investors prepare for more rough times aheadJul. 05, 2022 1:52 PM ETElectronic Arts Inc. (EA)MSFTTTWOATVISONYSP500GMEUBSFYBy:Rex CrumSA News EditorKevork Djansezian/Getty Images NewsFollowing what was in large part a rough month for videogame stocks, the sector is seeing several new trends emerge that are likely to color investors' sentiment about the likes of Electronic Arts (NASDAQ:) and other bellwether gaming companies.Wedbush Securities analyst Michael Pachter said Tuesday that recent booming inflation levels, along with ongoing concerns about the economy going into recession "has caused the overall market to decline precipitously in recent months," and that videogame publishers, and those tied to the videogame market "weren't spared from the carnage, with investors heading for the exits."Evidence of that could be seen in just how poorly videogame shares performed in June. Pachter said that during the month, EA (OTCPK:UBSFYBy comparison, Pachter said Wedbush's o
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News
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- Electronic Arts Inc. (NASDAQ: EA) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $150.00 price target on the stock.MarketBeat
EA
Earnings
- 1/30/24 - Miss
EA
Sec Filings
- 4/16/24 - Form 4
- 4/10/24 - Form SC
- 4/2/24 - Form 4
- EA's page on the SEC website