EA Stock Upgraded after Star Wars Battlefront II reaction “overdone”
EA’s forecasts have been upgraded by one Wall Street company, who says shareholders overreacted to all the controversy surrounding the company’s Star Wars Battlefront II’s loot boxes and microtransactions. The news reportedly prompted the head of Disney, who own Star Wars, to speak to the head of EA about it, while the game really set off the conversation about loot boxes as gambling.
Hosts: Mike Williams and Gareth Evans
Script: Mike Williams
Editor: Liam McKelvey
Sources
CNBCC - https://www.cnbc.com/2018/01/08/electronic-arts-to-outperform-in-2018-investors-overreacted-to-gamer-outcry-analyst.html
Yahoo Finance - https://finance.yahoo.com/news/electronic-arts-upgraded-star-wars-193338997.html
Wedbush Securities Analyst - https://wccftech.com/star-wars-battlefront-ii-sales-bounce-back/
Forbes (Nov 2017) - https://www.forbes.com/sites/erikkain/2017/11/28/ea-shares-plummet-after-star-wars-battlefront-ii-loot-box-fiasco/#1c3f6f916f37
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