Electronic Arts: Buy or Sell After Latest Earnings?

Filed under: Earnings Reports, Electronic Arts (ERTS), Technology

Let's face it: the chart for Electronic Arts (ERTS) isn't encouraging. And Wednesday's price action, the day after the video-game publisher's fiscal second-quarter results were released to investors, was awful: the stock lost over 4%, settling on a quote of $15.50, not too far away from the 52-week low of $14.06.



Shareholders would love to see a breakout above $20.24. When will it happen? Difficult to say. Remember that the industry has been suffering.

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Electronic Arts: Buy or Sell After Latest Earnings? originally appeared on BloggingStocks on Thu, 04 Nov 2010 17:00:00 EST. Please see our terms for use of feeds.

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