EAs shares rise on back of dev acquisition

Following last week’s acquisition of US developer BioWare/Pandemic for $860 million, EA’s share price has risen to its highest in 52 weeks,

Next-Gen

reports.

EA’s stock price hit $61.17 this morning after a rise of $2.48, following the publisher’s announcement that the firm expects to beat its previous Q2 revenue and earnings guidance.

About MCV Staff

Check Also

dfgdgdg [Industry news] Fireshine Games Expands Its Successful Portfolio with the Acquisition of Danish Developer Fair Games and Their Multimillion-Selling Game Necesse

[Industry news] Fireshine Games Expands Its Successful Portfolio with the Acquisition of Danish Developer Fair Games and Their Multimillion-Selling Game Necesse

Fireshine Games announced today it has added Danish indie studio Fair Games and its survival-crafting title Necesse to its growing portfolio. With plans to add key long-tail support to the PC title and its millions of players, the label also confirms plans to develop Necesse for additional platforms. Necesse, originally launched in December 2019, has amassed approximately 2.5 million players and a Very Positive user rating of 93% on Steam