Electronic Arts Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Electronic Arts Inc. (EA) rose 3.18% to $130.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. The stock's rise snapped a two-day losing streak. Electronic Arts Inc. closed $16.29 below its 52-week high ($146.59), which the company reached on November 12th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 8.23% to $242.98, Walt Disney Co. (DIS) rose 4.28% to $90.46, and Sony Group Corp. ADR (6758.TO) rose 6.65% to $80.50. Trading volume (2.6 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 16:50 ET (21:50 GMT)
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