Why Electronic Arts Stock Rose 23% in the First Half of 2020
Shares of Electronic Arts (NASDAQ: EA) increased 23.5% in value in the first six months of the year, according to data provided by S&P Global Market Intelligence. It was far worse at one point, with the stock initially falling in March along with the broader market as COVID-19 fears set in.
However, investors quickly gravitated to companies in a position to benefit from more people staying at home due to the coronavirus. EA saw strong engagement through April across its biggest titles, including Apex Legends, FIFA, and Madden.
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Source Fool.com