EA stock prices see the dark side of Battlefront II issues

EA stock tanks post-Battlefront II microtransaction removal.

@anthony256
Published Sun, Nov 19 2017 11:44 PM CST   |   Updated Tue, Nov 3 2020 11:53 AM CST

EA has made a fool of itself yet again, which really shouldn't come as a surprise anymore, but have no seen hundreds of millions of dollars wiped off their stock prices over the microtransaction debacle in Star Wars: Battlefront II.

EA stock prices see the dark side of Battlefront II issues | TweakTown.com

EA temporarily removed microtransactions from Battlefront II after an explosion of hate from fans, which would see some gamers forking out $2100 to fully unlock everything in the game. Well, Wall Street noticed a huge drop in EA's stock price at the end of trading on Friday, down some 2.5% which is a huge deal. CNBC reports that Bank of America Merrill Lynch are now predicting that Battlefront II sales are likely to "disappoint investors".

Analyst Justin Post wrote in a note to investors on Friday: "The escalation of EA concessions over the past month are a potential negative indicator of pre-order sales trends and overall unit confidence. In-game purchases benched the night before launch". Yeah, not good at all. He continued: "We think the strength of Ultimate Team could offset a 2-3 million unit shortfall for Battlefront, and remain comfortable with our FY18 estimates".

NEWS SOURCES:gamespot.com, cnbc.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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