Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Electronic Arts Trades Up as Delay in Battlefield Launch to Last Less Than a Month

Published 09/16/2021, 07:06 AM
Updated 09/16/2021, 07:07 AM
© Reuters.

© Reuters.

By Dhirendra Tripathi

Investing.com – Electronic Arts stock (NASDAQ:EA) looked like recouping at least some of its Wednesday losses after the company confirmed a modest delay to the launch of its eagerly-awaited Battlefield 2042 game.

“We’ve made the decision to shift the launch of Battlefield 2042. The game will now be released worldwide on November 19th, 2021,” the company’s note said. It was earlier scheduled on October 22.

The stock traded 1.8% higher in Thursday’s premarket as the company’s note on the release date of the video game calmed both traders and fans. The stock fell nearly 6% in the previous session as social media swirled with speculation that the launch might be pushed back to next year.

The company blamed the pandemic for the delay as that held back the return of its team to the studios. It said the team is putting “some finishing touches into the experience” and updates on the open beta will be coming later this month.

Battlefield 2042 is a multi-player game themed around U.S. and Russia being on the brink of a war as climate change leads to intensified competition for scarce resources.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.