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Electronic Arts Stock Slides 10% After Weak Q2 Earnings

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thewrap.com
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down about 10% around 7 a.m. By late morning it was still down about 7%, around $119 per share.If there is any upside to the stock decline, it could be that the dip provides a cheap opportunity for new investors to join the company — JPMorgan analyst Alexia Quadrani told TheStreet the “post-earnings selloff in EA brings them to an attractive entry point.”EA publishes “The Sims” as well as popular sports simulation game franchises “NHL,” “Madden NFL” and “FIFA.” Both sorts titles compete with Take-Two Interactive’s sports games under its 2K label, which by contrast just reported a blockbuster earnings season.

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