Electronic Arts (EA) Stock Dips 4%: Why Does It Postpone The Launch Of Battlefield 2042?

This week, Electronic Arts (EA) price is dropping sharply after long-term stability. On September 10, trading started at $ 142.51. After 3 hours, the cost grew by 3%. On Monday, it dropped to $ 144.76 and showed a stable rate before a sharp decline. After 2 days, the worth dipped significantly to $ 136.41, losing 6%. During the day, it temporarily jumped $138.83, then the stock traded at the previous lower price. Currently, it cost $136.83.

Electronic Arts stock sank after the company claimed a delay with the launch of the highly anticipated game Battlefield 2042. Now the game will be released worldwide on November 19, 2021. Earlier it was scheduled for October 22. The company blamed the pandemic for this, as it hampered the return of its team to the studios. It said that the team is making the final touches in the experience, and updates on the open beta will come later this month. Battlefield 2042 is a multiplayer game dedicated to how the United States and Russia are on the verge of war because climate change leads to intensified competition for limited resources.

Richard McEntire

Finance and Entertainment ReporterRichard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.