Sony isn’t the only one making a killing at the stock market, as it seems like EA’s stock value has hit an all time high- it currently trades for over $148.50, as pointed out by ResetEra’s Nirolak. This puts EA’s market valuation at $45.5 billion. In turn, that makes EA the second most valuable video games company in terms of market valuation, behind only Activision (who are at over $60 billion), and ahead of other companies such as Take Two, Ubisoft, and even Nintendo.
This, obviously, has to do with how well EA has performed financially. Though their games output has arguably never been worse, and they have gutted the creativity of their developers in chasing that perennial Games as a Service money, they’re making mad money- which is all that matters to investors, after all. So here we are- EA’s now valued higher than they ever have been before.
Hopefully they will put some of that money into making great games again, like they used to not that long ago…
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