E3 winners and losers: Wall Street edition

By | June 18, 2015

Scalper1 News

The Force was strong with Electronic Arts (EA) at the E3 video game show this week in Los Angeles. Among the major publicly traded game companies, EA stock got the biggest lift from the annual trade show, which ended Thursday. Electronic Arts shares were up 4% from the start of the week through the close of E3, thanks to major positive buzz about its upcoming game “Star Wars: Battlefront.” EA has three new “Star Wars” games coming out that seek to capitalize on excitement surrounding the latest movie in the space adventure series. The Walt Disney (DIS) movie, “Star Wars: The Force Awakens,” is due to open on Dec. 18. EA could sell 9.5 million units of “Star Wars: Battlefront” in its fiscal 2016, which ends March 31, said Piper Jaffray analyst Michael Olson. “We spent hands on time with ‘Star Wars: Battlefront’ and came away impressed,” Olson said in… Scalper1 News

Scalper1 News