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EA stocks rallies after Take Two failure

Posted by ballightning on September 19, 2008

EA’s share price has recovered after falling dramatically over the past few days after it bailed out of its aggressive takeover of Take Two. EA’s stock has risen 2.75 points, up 6.7% over yesterdays close. Its price only increased in the last hour of trade, co-inciding with the relaxing of key Spore’s DRM. EA’s financial position for this year greatly depends on its star game, Spore, which so far has had a rocky road with over 500,000 downloads, unheard of in such a short period.

 
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