EA Loses $3 Billion On The Stock Market Thanks To Battlefront 2

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The microtransactions and loot boxes controversy surrounding Star Wars Battlefront 2 is the definition of ‘that escalated quickly’, moving rapidly from internet fan outrage to Disney getting involved, to governments around the world getting involved, to EA backtracking on microtransactions entirely, to, apparently, the whole ordeal causing EA’s stock to crash on the stock market, losing them $3 billion in valuation as a result.

Month to date, EA’s stock is down 8.5% currently; it is clear that the market has reacted negatively to how Battlefront 2 has turned out for EA. There could be two reasons for this- either investors are unhappy about EA turning off microtransactions (very likely), or they are afraid that the microtransactions blowback will end up affecting EA’s other games, most of which have loot boxes and microtransactions in some form or the other, too (slightly less likely, investors don’t usually think that far ahead).

Whatever it is, on some level, it cannot be denied that the industry has seen, at last, that there can be very real repercussions to trying to push your luck too far with abusive monetization- hopefully this acts as a cautionary tale for others.

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Source: https://gamingbolt.com/ea-loses-3-billion-on-the-stock-market-thanks-to-star-wars-battlefront-2

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"EA Loses $3 Billion On The Stock Market Thanks To Battlefront 2" :: Login/Create an Account :: 19 comments

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DecyPosted:

Fielding
Famous One game not even big caused a 3 billion lost oh my god what if people boycotted cod


I doubt that would effect EA as they don't make cod


I'm sure he knows that LOL.. he was probably meaning if the same thing had to happen with cod.

This is pretty mad tho.. In my opinion they deserve it tho shouldn't be so money driven its actually disgusting.

FieldingPosted:

Famous One game not even big caused a 3 billion lost oh my god what if people boycotted cod


I doubt that would effect EA as they don't make cod

FamousPosted:

One game not even big caused a 3 billion lost oh my god what if people boycotted cod

gecPosted:

good. Fifa is literally trash at this point i've already quit playing this year

raefonPosted:

About time, EA are money grabbers and pump out shit these days. Micro transactions are BS across all games.

ODSTPosted:

For the record, their stock is still up 39% from this time last year. The gaming community has barely scratched them.

Dover5Posted:

Glad to see this! Fifa UT is becoming worse and worse as well. You will never have a good team unless you're extremely lucky and pack someone of value. The hours that need to be spent to try and make a decent team is unreal

xGSxCoachPosted:

Here here. Bulls go running for the hills.

kittyderpyPosted:

Good. EA deserves whatever ends up coming to them in this regard.