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Posted By Gabriel B. about 5 months ago
Electronic Arts is feeling a little blue.
Electronic Arts is getting a rather nasty present on Christmas Eve. Next Monday, when the new annual NASDAQ 100 list goes live, Electronic Arts’s stock will not be appearing on it due to it no longer being ranked in the top 100 non financial businesses, due to its low stock price, which currently sits at 15.42. Electronic Arts is not alone though, as Netflix, and eight other organizations are leaving the prestigious list. Electronic Arts and these other organizations will still be publicly traded but this is certainly a blow to the publisher and a sign of their weakened financial status.
Electronic Arts’ shares took a 40% drop in June which came off of both the Mass Effect 3 outcry, as well as disappointing figures from the Star Wars: The Old Republic. Earlier ths year, rumors circulated that Electronic Arts was even seeking a buyer for their organization. EA has dclined to comment about this news, though we will be sure to post any further news that comes out of this situation. With this departure, the only video game publisher on the list will be Activision.
Source: Polygon
Looks like people are becoming less interested in their games nowadays. They might have to start making adjustments in their products if they hope to not sink lower financially. In other words, quit rushing your games out and let them have an identity rather than trying to give us the same stuff we have been seeing for years.
They’re a shovelware company. It’s what they do.
Don’t forget Warfighter having dissapointing sales.
Indeed.
“Disappointing”? You imply that it was below expectations, yet there were no expectations aside from EA itself.