|Send News. Want a reply? Read this. More in the FAQ. News Forum - All Forums - Mobile - PDA - RSS Headlines Twitter|
A story on Reuters quotes a number of industry analysts suggesting CEO of Electronic Arts John Riccitiello is facing "growing negative sentiment" from shareholders, as EA share value has dropped 70% during Riccitiello's tenure, and fell 8% Tuesday after having risen only 2.7% in the past year. In contrast, Activision's shares rose 17% in the past year, Take-Two Interactive shares rose 35%, and THQ Inc rose 8%. They quote several industry analysts outlining investor concerns, though parting remarks from Wedbush Morgan analyst Michael Pachter indicate he thinks strong March and June quarters will save EA management from the chopping block: "I think their lineup is going to save them."
Copyright © 1996-2014 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2014 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 30 September 2014, 07:13.