Shares of Electronic Arts got killed today after the company reported problems with Battlefield 4.
Investors taking aim at Electronic Arts today after the company reported problems with one of its biggest franchises, Battlefield 4.
The stock tanked nearly 6% after reports that problems plaguing the game forced EA to delay future games from its developer DICE.
So what’s wrong with the game? Issues with the military-themed first-person shooting game include crashing repeatedly since its release in October, and accessibility for players to reach new levels.
Shares of Electronic Arts—which is home to other games like FIFA, Need for Speed and Dead Space—are still up 41% on the year, but with the crucial holiday shopping season in full swing, could this set back with Battlefield 4 mean big trouble for the company, or is it just a blip in the system?
It’s a bull vs. bear debate as Ron Dottin of RBC Capital and Richard Ross of Auerbach Grayson duke it out on CNBC’s Street Signs today. Who won the battle? Watch the video and make the call.
- Consumer Discretionary
- Electronic Arts