EA is up 16% after its Fortnite competitor gets 10 million players in the first three days
https://www.cnbc.com/2019/02/08/ea-soars-after-its-fortnite-competitor-quickly-reaches-10m-players.html
Electronic Arts soared 16 percent Friday after announcing its new Fortnite competitor gained 10 million players in its first 72 hours.
The stock fell nearly the same amount just a few days earlier after EA reported its third-quarter 2019 earnings. CEO Andrew Wilson had said the company "did not perform to our expectations," reporting a revenue miss of $1.61 billion vs. an estimate of $1.75 billion according to Refinitiv. But Friday's rally puts the stock back in the positive for the week, up 7 percent.
EA is up 16% after its Fortnite competitor gets 10 million players in the first three days
Feb 8, 2019, 10:18pm UTC
https://www.cnbc.com/2019/02/08/ea-soars-after-its-fortnite-competitor-quickly-reaches-10m-players.html
> Electronic Arts soared 16 percent Friday after announcing its new Fortnite competitor gained 10 million players in its first 72 hours.
> The stock fell nearly the same amount just a few days earlier after EA reported its third-quarter 2019 earnings. CEO Andrew Wilson had said the company "did not perform to our expectations," reporting a revenue miss of $1.61 billion vs. an estimate of $1.75 billion according to Refinitiv. But Friday's rally puts the stock back in the positive for the week, up 7 percent.