EA Stock Price Drops After Star Wars Battlefront 2 Microtransaction Removal

EA Stock Price Drops After Star Wars Battlefront 2 Microtransaction Removal

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.gamespot.com/articles/ea-stock-price-drops-after-star-wars-battlefront-2/1100-6455080/

Late last week, on the eve of Star Wars: Battlefront II's wide release, Electronic Arts made the huge announcement that it was temporarily removing microtransactions. EA did so in the wake of a wave of criticism about how players could spend money to buy loot boxes, which contain items that theoretically provide an advantage on the battlefield. It appears that Wall Street is taking notice of this move, as EA's stock price closed on Friday, November 17--the day Battlefront II came out--down by around 2.5 percent.

That comes out to around $2.78, dropping EA's stock price to $108.82 at market close on Friday. The market opens again on Monday morning, so we'll see what happens then. For the month overall, EA's stock price is down by 7 percent, though for the full year, EA is doing incredibly well; it's stock price is up 42 percent this year.