Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is the Closing of a "Star Wars" Game Studio a Warning Sign for Electronic Arts Investors?


Is the Closing of a "Star Wars" Game Studio a Warning Sign for Electronic Arts Investors?

Right in time for the Halloween season, Electronic Arts (NASDAQ: EA) has delivered news that has given some shareholders a fright. The publisher announced on Oct. 17 that it would be closing Visceral Games, a studio within the company that had been working on a big-budget Star Wars game. The title will be picked up by a new team but will undergo a substantial change in direction and is now likely years from release.

With the company's shares down roughly 4% following the news, it's worth taking a look at whether the closing of Visceral is merely a near-term setback or a potential indication of more serious problems at EA.

EA's Star Wars Battlefront II will still be launching this November, but one of the company's other in-development games based on the famous sci-fi series appears to be in trouble. Image source: Electronic Arts.

Continue reading


Source: Fool.com

Walt Disney Co. Stock

€98.22
0.170%
The Walt Disney Co. stock is trending slightly upwards today, with an increase of €0.17 (0.170%) compared to yesterday's price.
With 48 Buy predictions and not a single Sell prediction Walt Disney Co. is an absolute favorite of our community.
With a target price of 117 € there is a slightly positive potential of 19.12% for Walt Disney Co. compared to the current price of 98.22 €.
Like: 0
DIS
Share

Comments