Electronic Arts saw its stock price fall off a cliff this week as it acknowledged in an earnings call that Battlefield V didn’t sell as well as expected in the holiday quarter. One of the reasons was that it didn’t compete as well with other games, like Red Dead Redemption 2, which sold-in to retailers 23 million copies in its debut quarter.
But when Take-Two Interactive, whose Rockstar Games label created Red Dead Redemption 2, reported its earnings on Wednesday, its stock price fell 13 percent. That didn’t make a lot of sense, and it was logical that Take-Two’s stock bounced back a bit on Thursday. Zynga did well in its earnings report, and it saw its stock price rise after it reported break-even results on Wednesday.
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