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"EA shares plummet after Star Wars BF2 fiasco"

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Pitfighter
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2017/11/28 20:17:11 (permalink)
Let the bloodletting begin!

It would be interesting to find out if any heads will roll at EA:

https://www.forbes.com/si...x-fiasco/#7c3a0ad6f37d

https://www.cnbc.com/2017...-wars-game-uproar.html
#1

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    the_Scarlet_one
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    Re: "EA shares plummet after Star Wars BF2 fiasco" 2017/11/28 20:20:55 (permalink)
    Great!!!! Hopefully this is the last time they get to attempt something so stupid.
    #2
    donta1979
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    Re: "EA shares plummet after Star Wars BF2 fiasco" 2017/11/28 21:17:41 (permalink)
    I hope their stocks drop to 12-16 dollars again, if so I am buying more next go around. So I can cash in... Should had bought more in 08/09 at that price.

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    #3
    Hoggle
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    Re: "EA shares plummet after Star Wars BF2 fiasco" 2017/11/28 23:12:31 (permalink)
    Still EA is up 31% for the year so really not sure if it is being upset over Star Wars Battlefront II or investors being scared by a company seeing about a 40% increase in stock value over a year and pulling back a little bit. It's also a great time to start pulling back if you are an investor since every game EA will release in 2017 has been out for a over 10 days that will be released this year. At this point EA will ramp up development and until they start having games released it's all investments and money going out to developers.

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    rjohnson11
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    EA Bleeds $3.1 Billion in Stock Value Over Battlefront II Fiasco 2017/11/29 23:40:46 (permalink)
    https://www.techpowerup.com/239281/ea-bleeds-usd-3-1-billion-in-stock-value-over-battlefront-ii-fiasco
     
    The Battlefront 2 loot crate issue has sent a lot of worries into the market causing EA's stock to slide. 

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    #5
    Hoggle
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    Re: EA Bleeds $3.1 Billion in Stock Value Over Battlefront II Fiasco 2017/11/29 23:50:03 (permalink)
    Keep in mind the stock went for $81.39 a share on November 29th 2016. Now it's value is $105.49. Also we are past the release windows for new games for the year when investors normally pull back investments since the publisher is spending money on new titles. 
     
    I would say that it hurt EA to have the loot box issues but I don't think that the gamers are really the cause of a $105.49 stock to dip since investors probably are not investing that much time into the news about a single title.

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    #6
    Slimshiesty
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    Re: EA Bleeds $3.1 Billion in Stock Value Over Battlefront II Fiasco 2017/11/30 07:34:40 (permalink)
    Hoggle
    Keep in mind the stock went for $81.39 a share on November 29th 2016. Now it's value is $105.49. Also we are past the release windows for new games for the year when investors normally pull back investments since the publisher is spending money on new titles. 
     
    I would say that it hurt EA to have the loot box issues but I don't think that the gamers are really the cause of a $105.49 stock to dip since investors probably are not investing that much time into the news about a single title.


    Yes, but if you think this is the only title that EA has with a loot box or similar type of system, you need to recheck.
    EA also has a mobile title Star Wars Galaxy of Heroes, which has items you can by that will cost the same for all players, but give 10-330 (random), of certain items.
    Basically gambling to see how many you"Win".
    So there will be many ramifications for EA and others.. lets see if any of those investors are into investing into other titles with loot boxes.. as i see it 3.1 billion is nothing to sneeze at, especially if your an investor.

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    #7
    tech73x
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    Re: EA Bleeds $3.1 Billion in Stock Value Over Battlefront II Fiasco 2017/11/30 07:41:08 (permalink)
    Good, greed is destroying games as we know.
    #8
    Cool GTX
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    Re: EA shares plummet after Star Wars BF2 fiasco 2017/11/30 09:16:19 (permalink)
    Merging with existing older thread "EA shares plummet after Star Wars BF2 fiasco"

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    fearpoint
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    Re: EA shares plummet after Star Wars BF2 fiasco 2017/11/30 19:55:12 (permalink)
    Just speculators doing their thing. The sooner the hype market gets out of the gaming industry the faster we'll get better products. Until then this is all for show while they seek the next big thing that isn't going to benefit customers.
     
     
    #10
    fergusonll
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    Re: EA shares plummet after Star Wars BF2 fiasco 2017/12/04 22:22:35 (permalink)
    Not enough imo, they need some more bleeding and just maybe other big publishers will get the point this was not ok.
    #11
    knightsilver
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    Re: EA shares plummet after Star Wars BF2 fiasco 2017/12/05 10:31:10 (permalink)
    So, EA loosing sells because online players cant pay-2-win in SWBF2, I feel its just not EA but those looser cry baby pay-2-win players are just as much blame...
    #12
    Hoggle
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    Re: EA shares plummet after Star Wars BF2 fiasco 2017/12/06 11:01:48 (permalink)
    The stock looks to be coming back as it had a slight selloff but then came back strong Monday and Tuesday going up about 3%. Today though it's down about 0.1% which isn't much.

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