Electronic Arts Inc (EA - Free Report) has been in the news since the messed-up launch of its highly anticipated game, Star Wars Battlefront 2 last week.
Released on Nov 17, Battlefront has received mostly okayish kind of reviews but apparently it was the outrage over the exorbitant pricing of in-games purchases that compelled EA to temporarily turn off all micro transactions in the game. EA’s shares have lost 1.1% of their value since Nov 17.
EA’s move to stall in-game micro transactions has found support from The Walt Disney Company's (DIS - Free Report) Lucasfilm, the production company behind Star Wars. The Washington Post quoted Lucasfilm saying, “Star Wars has always been about the fans--and whether it's Battlefront or any other Star Wars experience, they come first. That's why we support EA's decision to temporarily remove in-game payments to address fan concerns."
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Electronic Arts Inc (EA - Free Report) has been in the news since the messed-up launch of its highly anticipated game, Star Wars Battlefront 2 last week.
Released on Nov 17, Battlefront has received mostly okayish kind of reviews but apparently it was the outrage over the exorbitant pricing of in-games purchases that compelled EA to temporarily turn off all micro transactions in the game. EA’s shares have lost 1.1% of their value since Nov 17.
EA’s move to stall in-game micro transactions has found support from The Walt Disney Company's (DIS - Free Report) Lucasfilm, the production company behind Star Wars. The Washington Post quoted Lucasfilm saying, “Star Wars has always been about the fans--and whether it's Battlefront or any other Star Wars experience, they come first. That's why we support EA's decision to temporarily remove in-game payments to address fan concerns."
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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