Electronic Arts Stock Rises After Earnings. Wall Street Disagrees on What’s Next.
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Electronic Arts posted better-than-expected earnings for the March quarter, but not everyone on Wall Street is convinced shares of the videogame publisher will climb much further this year. EA shares were up 0.4% at $155.08 Wednesday, while the slipped narrowly. Both videogame players and investors were excited to hear that EA will release the highly anticipated new installment of the Battlefield franchise in the current fiscal year, which ends in March 2026.