Gaming stocks are getting killed after earnings

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EA and Take-Two Interactive both performed worse than expected during the holiday quarter.

 

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Battlefield screwed em. Way to many expectations. Fortnite is $ now.

Those Microtransactions in games are bullshit

Top gaming publishers are crashing not gaming in general. The publishers have pushed too much repetitive money grabbing agendas and neglected quality and innovation. This was seen by gamers long ago, and gamer/trader people have profited from the short.

Guess they were not a good Bet?🤔

Gaming is crashing... It has an almost 2 year inbetween dead zone

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EA shares fall sharply on earnings — CEO says 'we did not perform to our expectations'EA falls 10% on earnings — CEO says 'we did not perform to our expectations' Yeah because they keep making EASPORTS_MUT EAMaddenNFL lamer and lamer and keep focusing on the ultimate team aspect (MUT) to wreck poor kids wallets instead of developing new innovative gameplay. Basically they are utterly inept 🤷‍♂️🤷‍♂️ Rockstar needs to create sports games Bring back Ncaa Football and your 10 percent will be made up quickly.
Source: CNBC - 🏆 12. / 72 Read more »

Nintendo's recent success highlights a critical risk to the gaming giant's businessNintendo's reliance on first-party games and hardware sales is incredibly risky, and the Japanese gaming giant knows it. techinsider On the other hand though, their reliance on first-party games is what makes people want to buy their consoles. Xbox One, with all the third-party support in the world, is nowhere near the PS4 in terms of sales. The reason? Sony games and Sony marketing.
Source: BusinessInsider - 🏆 729. / 51 Read more »