With a market cap of $50.7 billion, Electronic Arts Inc. (EA) is a leading interactive entertainment company that develops, markets, publishes, and distributes video games and live services across console, PC, and mobile platforms. Founded in 1982 and headquartered in Redwood City, California, EA operates one of the industry’s most valuable portfolios of owned and licensed intellectual property.
Shares of the video game company have outperformed the broader market over the past 52 weeks. EA stock has increased 51.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.4%. However, shares of the company are down 1% on a YTD basis, compared to SPX’s 1.4% gain.
