View Single Post
Old 03-19-2013, 06:45 PM   #38
Crimsontide27
MVP
 
OVR: 12
Join Date: Jul 2004
Posts: 1,508
Re: EA CEO John Riccitiello Resigns

Would love to hear your financial insight as to why thousands of other companies listed under the NASDAQ didnt see an 83%+ drop in stock prices if it was due to only a recession.

EAs massive drop had a lot more to do with them throwing almost a billion dollars into the toilet with some very bad decisions that were made, some bad purchases and acquisitions they bought, the closure of multiple studios,and AAA games that sold millions but still werent very profitable due to mismangement of funds and resources.

There isnt a single action that you can pinpoint that led EA to where it is today, but blaming a financial recession on the reason that EA dropped 83%+ during JRs time at the helm is ludicrous.
Crimsontide27 is offline  
Reply With Quote