Electronic Arts (NASDAQ: EA ) hit a fresh 52-week high this week. It's not alone. Larger rival Activision Blizzard (NASDAQ: ATVI ) also hit a new 52-week high last week.
Simcity made no effect I guess...
Whilst their shares remain healthy, their morals hit new lows.
Just goes to show 80% of people that play games don't visit gaming sites, listen to reviews, or even care about game related news. People that play these games like SimCity will hardly ever visit a game site. They buy what they want when they want reguardless of how the gaming "media" feel about it. True SimCity had a rocky launch just like Diablo 3 did, but it is still a good game. Once the servers are properly working I think it will be just fine. Maxis did drop the ball on the release sadly, but people are still buying the game requardless of how it currently is.
These stocks are going up because the overall stock market is going up
Looks like a rally. Printing money does this. This is odd to me, but it seems so artificial. I'm not an expert,either, I'm just learning how the market works.
Stock market is through the roof!!!
New highs? I would say new lows more like it.
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