trajic Posted January 19, 2012 Share Posted January 19, 2012 (edited) http://www.google.com/finance?q=NASDAQ:EA http://www.marketwatch.com/story/ea-falls-on-broker-concerns-about-star-wars-2012-01-19?link=MW_home_latest_news Shares of Electronic Arts Inc. fell nearly 3% to $17.75 on Thursday morning after an analyst with Brean Murray Carret & Co. cut his price target on the stock to $22 from $28, citing concerns about the recently released online multi-player game "Star Wars: The Old Republic." In a note to clients, analyst Todd Mitchell wrote that "creeping concerns" about the performance of "Star Wars" -- which was released in late December -- is causing him to trim his earnings estimates for the 2013 fiscal year. "Specifically, initial sales appear to be below expectations, and casual observation of early play is causing us to rethink our churn assumptions," Mitchell wrote. Edited January 19, 2012 by trajic Link to comment Share on other sites More sharing options...
SithtobeJedi Posted January 19, 2012 Share Posted January 19, 2012 http://www.google.com/finance?q=NASDAQ:EA Doesn't = anything to do with TOR. Try again Link to comment Share on other sites More sharing options...
Zaskaszh Posted January 19, 2012 Share Posted January 19, 2012 http://www.google.com/finance?q=NASDAQ:EA Wow. It lost a whole 72 cents? Unheard of. No Fifa 2013 I guess. Link to comment Share on other sites More sharing options...
machnine Posted January 19, 2012 Share Posted January 19, 2012 I don't see anything saying it doesn't have anything to do with SWTOR so yes, EA's stock did plummet after 1.1 Link to comment Share on other sites More sharing options...
DubyooC Posted January 19, 2012 Share Posted January 19, 2012 Lol thats actually pretty funny. Thanks for sharring Link to comment Share on other sites More sharing options...
LX_Theo Posted January 19, 2012 Share Posted January 19, 2012 Wow. It lost a whole 72 cents? Unheard of. No Fifa 2013 I guess. The scandal! lol People love making mountains out of mole hills. Link to comment Share on other sites More sharing options...
trajic Posted January 19, 2012 Author Share Posted January 19, 2012 Lol thats actually pretty funny. Thanks for sharring it made me giggle i wanted to post it Link to comment Share on other sites More sharing options...
Keapoe Posted January 19, 2012 Share Posted January 19, 2012 A 4% swing for a stock that is that low is not that big of a deal, it can vary by more then that in a given day for a lot of companies. And that had nothing to do with Starwars /boggle. Link to comment Share on other sites More sharing options...
Caeliux Posted January 19, 2012 Share Posted January 19, 2012 Yea the stock market plummeted after yesterday's 1.1 patch.. Sure buddy. Link to comment Share on other sites More sharing options...
Bigaus Posted January 19, 2012 Share Posted January 19, 2012 I would wager supporting SOPA/PIPA would affect stock price more than a video game patch. crazy what people will come up with. Link to comment Share on other sites More sharing options...
dameloncombine Posted January 19, 2012 Share Posted January 19, 2012 (edited) Actually... http://www.marketwatch.com/story/ea-falls-on-broker-concerns-about-star-wars-2012-01-19?link=MW_home_latest_news By Dan Gallagher SAN FRANCISCO (MarketWatch) -- Shares of Electronic Arts Inc. fell nearly 3% to $17.75 on Thursday morning after an analyst with Brean Murray Carret & Co. cut his price target on the stock to $22 from $28, citing concerns about the recently released online multi-player game "Star Wars: The Old Republic." In a note to clients, analyst Todd Mitchell wrote that "creeping concerns" about the performance of "Star Wars" -- which was released in late December -- is causing him to trim his earnings estimates for the 2013 fiscal year. "Specifically, initial sales appear to be below expectations, and casual observation of early play is causing us to rethink our churn assumptions," Mitchell wrote. Edited January 19, 2012 by dameloncombine Link to comment Share on other sites More sharing options...
trajic Posted January 19, 2012 Author Share Posted January 19, 2012 (edited) O.O 21 to 17 Edited January 19, 2012 by trajic Link to comment Share on other sites More sharing options...
Nuser Posted January 19, 2012 Share Posted January 19, 2012 hah! maybe now they will fix the flickering screen due to 1.1 ..probably not.. Link to comment Share on other sites More sharing options...
Crujido Posted January 19, 2012 Share Posted January 19, 2012 Lol'd Link to comment Share on other sites More sharing options...
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