Electronic Arts (EA) Sector
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(Current) $142.59
-0.91 (-0.63%) Open Price: 142.59

 

Electronic Arts (EA) is a video game company based in Redwood City, California. It was founded in 1982 by Trip Hawkins and is now one of the largest video game companies in the world. EA has produced many popular video game franchises, including Madden NFL, FIFA, and The Sims, among others. The company has a diverse portfolio of games, including sports, racing, shooter, and simulation games, among others.

 

In the early days, EA primarily focused on producing games for home computers, but in recent years, the company has shifted its focus to mobile gaming and console gaming. EA has also expanded its reach by acquiring other game development companies, including BioWare, PopCap Games, and Respawn Entertainment, among others.

 

EA's business model is based on selling video games and in-game content, such as expansion packs and in-game items, to consumers. The company also generates revenue from licensing its intellectual property to other companies and from its eSports initiatives. EA has faced some controversies in the past, including criticism for its use of loot boxes in some of its games, which some have argued can lead to gambling-like behavior in young people.

 

EA has won many awards and has been recognized for its high-quality games and contributions to the video game industry. The company has also been involved in philanthropic efforts, including supporting education and job training programs for underprivileged youth.

 

EA is expected to continue to focus on mobile gaming and console gaming and to expand its reach into new markets, such as virtual reality and eSports. The company is also likely to continue to acquire other game development companies to expand its portfolio of games and intellectual property.

 



 

(02/23/24) $142.59
(02/26/24) $143.50
(02/26/24) (Qty.)1,379,962
(02/23/24) $141.87
(02/23/24) $144.20
(03/12/23) $108.53
(02/11/24) $144.53
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