EA No Longer In NASDAQ-100
It’s been kind of a rough year for EA, hasn’t it? Sure, it’s had its successes, from Battlefield 3 and all its DLC, to Mass Effect 3 (despite its lackluster ending), but it’s had it’s fair share of troubles as well. After all, while Star Wars: The Old Republic seemed to do well in the beginning of its life it became quickly apparent that something was wrong when millions of people cancelled their subscription plans after only a few months.
Unfortunately, due to the failure of TOR EA took a hit in the stock market. Since June of this year EA has suffered a 40 percent share value drop, which has caused the NASDAQ to drop EA from it’s NASDAQ-100 Index, If you’re not somebody who follows the stocks, the NASDAQ-100 is a list of the top 100 non-financial companies listed on the NASDAQ.
Being bumped from the top-100 list isn’t a good thing, but I suppose it could be worse. After all, companies being added to the top-100 include Google and Apple, which as we’re all aware have made a ton of money this year. And besides, EA is still trading at about $15.30, much much better than THQ’s $1.23. If I were in charge of EA I wouldn’t be panicking quite yet.
