EA Takes A Wall Street Hit, Other Pubs Follow Suit

EA Takes A Wall Street Hit, Other Pubs Follow Suit
Facebook may have decided that you shouldn’t see the news, but we think you deserve to be in the know with Kotaku Australia’s reporting. To sign up for our daily newsletter covering the latest news, features and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Kotaku Australia homepage to visit whenever you need a news fix.

This global financial mess keeps on playing havoc with games publishers. Over the past day a number of companies have seen their share price take a hit, the biggest loser being Electronic Arts, whose shares have dropped 17.1%. Guess losing a ton of money and sacking 600 people doesn’t look particularly good to investors. Activision also saw losses, though not on the same scale (down 2.8%), while THQ’s were also down slightly. Amazingly, Midway’s shares closed up. Midway. Crazy, crazy days.


Video game software shares dip on sales concerns [Reuters]

Log in to comment on this story!