Electronic Arts Inc (NASDAQ:EA) Stock Decline By 3.32%


Dallas, Texas 11/20/2013 (Financialstrend) – Tuesday’s trading

In Tuesday’s trading session, Electronic Arts Inc (NASDAQ:EA) dropped by 3.32%. The shares opened at $23.96, which touched the intraday high of $24.25 and headed to a close of $23.32. Around 7.94 million shares were traded over the trading day and an average volume of 5.34 million shares were traded over a 30 day period. The 52-week low of Electronic Arts Inc (NASDAQ:EA) shares is $13.11 and its 52-week high is $28.13. The company has a market capitalization of $7.21 billion.

About the company

Electronic Arts Inc (NASDAQ:EA) was formed in 1982. The company is engaged in the development, marketing, publishing and distribution of game software-content &services that can be played by its consumers on different video-game machines & electronic devices (platforms). The company offers various products, like video-game consoles, like the Sony PS 3, Microsoft Xbox-360 &Nintendo Wii; personal-computers, such as the Apple Macintosh (it refers to PC’s & the Macintosh as PCs); mobile devices, like the Apple iPhone & Google Android -compatible phones; tablets & electronic readers, like the Apple iPad & the Amazon Kindle, & Internet, like social networking sites, such as FB. In 2011 August 2011, Electronic Arts Inc (NASDAQ:EA) acquired PopCap Games Inc. This company is a developer of casual-games for mobile-devices, tablets, Personal Computers & social-networking sites.

Electronic Arts Inc (NASDAQ:EA) has created, licensed & acquired a vast portfolio of brands. These span a diverse-range of categories, such as casual, action-adventure, fantasy, family, 1st-person shooter, science fiction, horror, racing, role-playing, simulation, sports, social and strategy. Electronic Arts Inc (NASDAQ:EA)’s portfolio of brands covers 100%-owned brands, like Mass Effect, Battlefield, Need for Speed, Bejeweled, The Sims & Plants v. Zombies. The company’s portfolio also has sports-based brands, like Madden NFL & FIFA, as well as the titles-based ones on some other brands, such as Star Wars: The Old Republic.