EA Shakeup Rumor

[Jul 11, 2012, 7:07 pm ET] - Share - Viewing Comments

GameFront reports a rumor that John Riccitiello may be asked to step down as EA CEO soon after the company's July 30th earnings call, to be replaced by Peter Moore, currently EA COO. They say their anonymous source indicates that this still needs to be voted on, and is not set in stone, but that there is a general feeling of tension at the company amid falling share prices. Just yesterday GamesIndustry International noted comments from Wedbush Securities analyst Michael Pachter saying that Riccitiello is worried about getting fired, which Pachter later clarified as "kidding." Thanks Joao and VG247.

28.

Re: EA Shakeup Rumor

Jul 11, 2012, 22:55

Mashiki Amiketo

CJ_Parker wrote on Jul 11, 2012, 21:08:
What? If investors do actually believe that Riccitiello is at fault for the falling share prices then EA's stock will rise tomorrow, not fall.

That didn't happen the last time. The last time the stock price dumped nearly $3 over a 2mo period, and is down nearly $7 in a 4mo period. Check the market yourself, infact check yesterdays trades, there was plenty of heavy selling with some late day buying of EA stocks up 0.09% in anticipation of tomorrows early buys and later selling.




-- "For every human problem, there is a neat, simple solution; and it is always wrong." --H.L. Mencken

		Date	Subject	Author
	1.	Jul 11, 19:16	Re: EA Shakeup Rumor	baltar
	2.	Jul 11, 19:17	Re: EA Shakeup Rumor	Saboth
	3.	Jul 11, 19:19	Re: EA Shakeup Rumor	killer_roach
	4.	Jul 11, 19:21	Re: EA Shakeup Rumor	SimplyMonk
	5.	Jul 11, 19:22	Re: EA Shakeup Rumor	Bhruic
	6.	Jul 11, 19:23	Re: EA Shakeup Rumor	wtf_man
	7.	Jul 11, 19:53	Re: EA Shakeup Rumor	coolkev99
	8.	Jul 11, 19:55	Re: EA Shakeup Rumor	nin
	10.	Jul 11, 19:59	Re: EA Shakeup Rumor	ASeven
	11.	Jul 11, 20:03	Re: EA Shakeup Rumor	killer_roach
	18.	Jul 11, 20:28	Re: EA Shakeup Rumor	ASeven
	9.	Jul 11, 19:56	Re: EA Shakeup Rumor	ASeven
	12.	Jul 11, 20:03	Re: EA Shakeup Rumor	deqer
	13.	Jul 11, 20:04	Re: EA Shakeup Rumor	killer_roach
	16.	Jul 11, 20:17	Re: EA Shakeup Rumor	Dev
	14.	Jul 11, 20:05	Re: EA Shakeup Rumor	DangerDog
	15.	Jul 11, 20:14	Re: EA Shakeup Rumor	nin
	17.	Jul 11, 20:20	Re: EA Shakeup Rumor	Prez
	19.	Jul 11, 20:28	Re: EA Shakeup Rumor	RailWizard
	24.	Jul 11, 21:37	Re: EA Shakeup Rumor	Dades
	25.	Jul 11, 21:49	Re: EA Shakeup Rumor	Beamer
	20.	Jul 11, 20:38	Re: EA Shakeup Rumor	Mashiki Amiketo
	21.	Jul 11, 20:50	Re: EA Shakeup Rumor	ASeven
	22.	Jul 11, 21:00	Re: EA Shakeup Rumor	Mashiki Amiketo
	23.	Jul 11, 21:08	Re: EA Shakeup Rumor	CJ_Parker
>>	28.	Jul 11, 22:55	Re: EA Shakeup Rumor	Mashiki Amiketo
	30.	Jul 12, 07:04	Re: EA Shakeup Rumor	CJ_Parker
	31.	Jul 12, 11:40	Re: EA Shakeup Rumor	Mashiki Amiketo
	29.	Jul 12, 03:38	Re: EA Shakeup Rumor	Devinoch
	26.	Jul 11, 21:54	Re: EA Shakeup Rumor	Mr. Tact
	27.	Jul 11, 22:19	Re: EA Shakeup Rumor	Silicon Avatar