With a market cap of $33.7 billion, Electronic Arts Inc. (EA) is a leading global developer, publisher, and distributor of interactive video game content across consoles, PCs, mobile devices, and tablets. With popular franchises like EA SPORTS FC, Battlefield, The Sims, and Apex Legends, EA generates revenue through game sales, downloadable content, subscriptions, microtransactions, and advertising.
Shares of the Redwood City, California-based company have underperformed the broader market over the past 52 weeks. EA has declined 9.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.3%. Moreover, shares of EA are down 11.6% on a YTD basis, compared to SPX’s nearly 4% gain.
