Posts Tagged ‘Stock’

EA Stock Capsizes After Early Year Recovery

Electronic Arts closed on February 6, 2019 at the price of $80.21 USD following news that the publisher’s third quarter fiscal results did not perform to its expectations. The continued price drop threatens to wipe out the progress that EA had made in the first month of the year to begin recovery after its stock […]

Activision Blizzard Terminates Its CFO, Netflix Poaches Him

As the year comes to a close, Activision Blizzard is making headlines with their announcement that it intends on terminating Chief Financial Officer Spencer Neumann for “cause unrelated to the company’s financial reporting or disclosure controls and procedures.” Mr. Neumann has not officially been terminated and has been offered the opportunity to demonstrate why cause […]

EA’s Stock Is Crashing, Down Over 40% Since July

Electronic Arts just can’t catch a break. It’s been a rough year for Electronic Arts and it appears that the company’s investors are taking notice. In the last year that brought us the PR nightmare, consumer backlash, and subsequently underwhelming sales of Battlefront 2, the PR nightmare, consumer backlash, and subsequently underwhelming pre orders of Battlefield […]

Zynga Recovering With Higher Than Expected Earnings

Zynga’s stock has recovered most of its value following the announcement that CEO Don Mattrick would step down with Mark Pincus taking his place. Zynga’s stock fell heavily with Pincus’ return, down to a low of $2.38 from its $2.90. Investors are responding well to Zynga’s latest quarterly results, in which the company announced severe […]

Zynga’s Stock Continues Shedding After Pincus Returns

Zynga’s stock continued shedding value today, just a day after the developer revealed that CEO Don Mattrick would step down and be replaced by founder and ex-CEO Mark Pincus. Zynga’s stock ended the day at $2.90, at which they lost about 10% in after-hours trading. Starting the day at $2.6, the stock fell another twenty […]

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