{"id":14668,"date":"2021-03-04T10:59:12","date_gmt":"2021-03-04T08:59:12","guid":{"rendered":"https:\/\/sijoitusrahastot.org\/?p=14668"},"modified":"2021-03-05T11:01:41","modified_gmt":"2021-03-05T09:01:41","slug":"electronic-arts-stock-shoots-up-by-1-amid-2-4-billion-acquisition-of-glu-mobile","status":"publish","type":"post","link":"https:\/\/sijoitusrahastot.org\/electronic-arts-stock-shoots-up-by-1-amid-2-4-billion-acquisition-of-glu-mobile\/","title":{"rendered":"Electronic Arts Stock Shoots up by 1% Amid $2.4 Billion Acquisition of Glu Mobile"},"content":{"rendered":"\n
eSports giant Electronic Arts had a successful 2020 thanks to soaring demand for gaming. Its stock rose from $110 prior to the pandemic to over $140 by the end of the year.<\/p>\n\n\n\n
As of March 4, 2021, it was trading at $130.50, up by 21.94% over the trailing year. On the said date, it had grown by 2.02% over the previous three-month period. According to the research data analyzed and published by Sijoitusrahastot<\/a>, on February 8, 2021, its share price rose by 1% following an announcement on its acquisition of Glu Mobile. Valued at $2.4 billion, the deal is set to close during the second quarter of the year.<\/p>\n\n\n\n