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Apex legends is having a huge impact on EA’s stock price

Deleted member 9100

User requested account closure
Banned
Oct 26, 2017
3,076
This week started out pretty awful for EA's stock. They announced their earnings and estimated future earnings, which were much lower than expected due to Battlefield V not meetings their sales expectations and Ea lowering their sales expectations for Anthem.

On Wednesday, their stock tanked about 13% due to the abode.

However, as word of mouth and player numbers for Apex legends have been getting better and better, EA's stock has been climbing. They were up about 6% yesterday and another 14% today.

https://www.marketwatch.com/story/e...illion-players-in-first-three-days-2019-02-08

All in all I'd say respawn hit it out of the park between the game itself and the way they released. Glad for them to finally have some success!
 
wwm0nkey

wwm0nkey

Member
Oct 25, 2017
15,551
EA is about to give Respawn a lot of love. They have prevented their fate in the pit.
 
Lost

Lost

Banned
Oct 25, 2017
3,108
Who would have thought that making a good finished game with minimal bugs & glitches would have this effect? :O
 
FeArTriX

FeArTriX

Member
Oct 26, 2017
194
Mad props to Respawn for creating this amazing game with pro consumer microtransactions.
 
Rodjer

Rodjer

Self-requested ban.
Member
Jan 28, 2018
4,808
Wow

EA was really smart to spend nearly 500 million USD to get Respawn and atfer less than 2 years it is starting to pay off.
 
dhlt25

dhlt25

Member
Oct 27, 2017
1,814
It's a huge over reaction on the stock price. Traders now pricing in fortnight level of success after the game is out for 3 days
 
Einbroch

Einbroch

Member
Oct 25, 2017
17,975
While impressive, it's still down 37% from it's peak last year even after this bump.
 
Vinc

Vinc

Member
Oct 25, 2017
7,387
Alongside Titanfall 2 and Battlefield 1, this seems like the best non-sports game EA released this entire gen. Respawn sure was a good get.
 
boris_feinbrand

boris_feinbrand

Member
Oct 26, 2017
6,571
It's kind of ironic that Respawn actively kept EA out of their design process and is making them mad bank now*... kind of like Game Designers being better at designing games than business people are at it... weird shit.

*if it's long term revenue remains to be seen, but the goodwill generated by this game is undeniable.
 
Lulu

Lulu

Saw the truth behind the copied door
Banned
Oct 25, 2017
26,680
Folks at respawn better get a fat bonus.
 
Ocean

Ocean

Member
Oct 25, 2017
3,691
giphy.gif


This is EA and Respawn's current convo
 
Lulu

Lulu

Saw the truth behind the copied door
Banned
Oct 25, 2017
26,680
EA dun die

They Respawn 😂💯😤
 
Barrel Cannon

Barrel Cannon

The Fallen
Oct 25, 2017
9,290
Made a small bundle on some short term calls after I enjoyed some matches two days ago. Their drop was unwarranted in the first place and Apex was just gravy on top
 
pavaloo

pavaloo

Member
Oct 25, 2017
1,105
Woo congrats to the fine team at Respawn!

FWIW the publisher that has fifa ultimate team in their back pocket never needed saving
 
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Phellps

Phellps

Member
Oct 25, 2017
10,800
Well, it's deserved. Apex is pretty damn fun. First BR that I managed to truly enjoy.
 
ASaiyan

ASaiyan

Member
Oct 25, 2017
7,228
Well, I'm glad to see video game investors are equally stupid about good news as they are about bad news, lol.

I'm sure Apex Legends will make some good money but it will not add 14% to the total value of EA's business - which would be almost 3 billion dollars! Feel free to short them the week before the next earnings release, as this will correct just like the 'Pokemon GO bump'.
 
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