How Will Electronic Arts Stock Fare After a COVID-19 Vaccine?
Shares of Electronic Arts (NASDAQ: EA) have climbed 32% since January, with all of that gain coming after the market crash in March over COVID-19. EA is known for classic sports franchises like FIFA and Madden, and other popular titles, such as The Sims and Apex Legends.
Strong engagement levels in these games caused a spike in revenue and earnings in the fiscal first quarter ending in June, which has sent the stock soaring. But how will EA fare once a vaccine for COVID-19 is available? While we can't know for sure, management provided some clues during the last conference call.
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Source Fool.com
