Electronic Arts Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Electronic Arts Inc. (EA) inched 0.42% higher to $128.24 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's second consecutive day of gains. Electronic Arts Inc. closed $18.48 below its 52-week high ($146.72), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 4.02% to $235.87, Walt Disney Co. (DIS) rose 1.45% to $105.95, and Sony Group Corp. ADR (6758.TO) rose 1.48% to $67.85. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 16:51 ET (20:51 GMT)
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