Why EA's stock price is soaring after Mass Effect was put on hiatus
A brief explanation of what a stock buy back is, and how it affects EA's stock price, their overall position, and what that means for Bioware and the future of Mass Effect.
DISCLAIMER: analysis is meant to be for purposes of commenting on video game development, not financial advice.
Sources:
https://www.thestreet.com/story/14114720/1/5-etfs-to-buy-if-you-love-ea-s-fourth-quarter-earnings.html
http://www.investors.com/ibd-data-stories/262-eps-growth-lifts-electronic-arts-composite-rating-to-new-level/
http://files.shareholder.com/downloads/ERTS/4448863704x0x942291/ACCEDDA3-E7FE-480D-B049-A7FAA2200A92/EA-USQ_Transcript_2017-05-09.pdf
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