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That's the other bad news. Taking the new earnings forecast as a given, at $117.50 per share, EA stock now costs about 30 times trailing earnings. For a stock with slumping sales, that's probably ...
After acquiring a 19.9% stake in France-based Ubisoft in 2004, EA sold a remaining 14.8% stake in it in 2010. [10] [11] Each acquisition listed is for the entire company, unless otherwise noted. The acquisition date listed is the date of the agreement between Electronic Arts (EA) and the subject of the acquisition. Unless otherwise noted, the ...
Electronic Arts (NASDAQ:EA) stock faces a crucial test as the company reports earnings on July 30 after the market close. The gaming giant saw its stock slide as its core gaming audience moved ...
Yahoo Finance Live anchors discuss EA stock performance after reports of an Amazon acquisition surface.
EA was once criticized for the acquisition of 19.9 percent of shares of its competitor Ubisoft, a move that Ubisoft's then spokesperson initially described as a "hostile act". [12] However, Ubisoft CEO Yves Guillemot later indicated that a merger with EA was a possibility, stating, "The first option for us is to manage our own company and grow it.
On March 26, 1990, Electronic Arts filed for an IPO at the NASDAQ stock exchange and went public under the ticker symbol "ERTS", opening at a split-adjusted price of $0.52. [26] The symbol was changed to "EA" on December 20, 2011.
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.