Electronic Arts Is Still the Odd One Out in Gaming

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Electronic Arts Is Still the Odd One Out in Gaming

CNN Business2022-06-27

New York (CNN Business) - All things considered, video game leader Electronic Arts is having a pretty decent year despite inflation worries, recession fears and other macroeconomic headwinds. Shares ...

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Pluto891
·2022-06-27
why need buy out?
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Zarkness
·2022-06-27
Y?
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Edwardtoh
·2022-06-27
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yBuyRestrict
·2022-06-27
King of micro transactions
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Shares ...</p>\n\n<a href=\"https://edition.cnn.com/2022/06/26/investing/stocks-week-ahead/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EA","symbol_name":"艺电","start_time":0,"source_url":"https://edition.cnn.com/2022/06/26/investing/stocks-week-ahead/index.html","article_id":"1122377614","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122377614","pubTimestamp":1656316596,"sourceInfo":null,"weMediaInfo":null,"summary":"New York (CNN Business) - All things considered, video game leader Electronic Arts is having a prett","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EA":"艺电"},"translate_title":"电子艺界仍然是游戏界的奇数","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EA":0.9},"content_text":"New York (CNN Business) - All things considered, video game leader Electronic Arts is having a pretty decent year despite inflation worries, recession fears and other macroeconomic headwinds. Shares of EA (EA) are only down about 2% in 2022, a drop that's not nearly as bad as the rest of the tech sector,which is now in bear market territory.But there are concerns about EA's future as the gaming industry consolidates. Xbox owner Microsoft(MSFT) is in the process ofbuying Activision Blizzard (ATVI). Grand Theft Auto makerTake-Two Interactive (TTWO) has already scooped up mobile game developer Zynga.Will EA be able to remain independent as its peers continue to grow? There's also growing competition from the likes of metaverse mobile gaming company Roblox and Fortnite maker Epic. Even Netflix (NFLX) has thrown its hat into the gaming arena.EA has a lot of lucrative franchises, such as the long-running Madden NFL games, a popular soccer series (that will soon lose the FIFA branding), Apex Legends and several games tied to the Star Wars universe.And there has been a lot of chatter about EA being a good takeover target for deep-pocketed tech and media firms such as Apple (AAPL), Disney (DIS), Comcast (CMCSA), or Amazon (AMZN).So will EA finally get bought? The company was not immediately available for comment.But EA has been acquisitive in its own right and could be looking for further deals, particularly ones that could bolster its mobile gaming division. 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