EA’s stock prices appear to be in a bit of trouble, and it’s reportedly due in large part to the performance of EA’s long anticipated MMORPG Star Wars: The Old republic.
The company’s shares fell almost 3% to $17.75 after stock analyst Todd Mitchell, working with Brean Murray Carret & Co, released a briefing on the company’s performance, citing an unimpressive December 20 launch of the mega MMO. ”Initial sales appear to be below expectations, and casual observation of early play is causing us to rethink our assumptions,” Murray said in a note to his clients.
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