Electronic Arts Slumps on Battlefield Delay and Fortnite Blockbuster

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  • #17976
    Super Harley



    $EA stock has continued to fall with the general market and also $ATVI updated weekly via A. Maceroni ? @AnthonyMaceroni

    $EA Weekly (updated)…


    Bank of America downgraded Electronic Arts to ‘neutral’ from ‘buy’

    Bank of America said it saw less “upside” in the game maker’s Live Services.

    “The basis for our positive view was that Apex could be a source of significant upside in FY20 and sentiment would improve with EA the only publisher accelerating EPS growth Y/Y. As Apex has moderated sharply, we now not only see less upside to Live Services, but we see a risk to Street ests. if FIFA doesn’t accelerate. ”

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