EA Stock Surges after SWTOR Subscriber Numbers are Revealed

More good news for those holding stock in EA and more rebuttal for the nay-sayers that SWTOR is tanking and that it is causing EA stick to drop- EA stock reportedly surges after the recent Q3 2012 Fiscal Earnings Conference Call in which it was revealed that SWTOR now has over 1.7 million active users and growing.
DualShockers brought us the story that quite honestly, was not a surprise to ushere at all.
YesterdayEA stock closed at $18.44. Today, on the closure of the market a few minutesago, the shares of the publisher from Redwood were priced $19.565 showing avery solid 6.1% climb. By comparison the whole NASDAQ index gained only a 0.4%.
Mostof the growth actually happened yesterday during the after hours tradingsession, that started as EA’s conference call was closing. Both in the afterhours trading session and this morning in the pre-market trading session EAstock was one of the most traded between those of the Nasdaq Index.
They go on to explain other positive reports from thisEarnings Call, including positive performance reports of Battlefield 3 and FIFA 12.A lot of people were shocked at these high numbers for SWTOR and a lot of mediaattention recently has gone to the problems with SWTOR and also to potential “haters”spreading rumors to try to downgrade the reputation of the game.
While SWTOR is not without flaws, it is still quite apopular game, and this is going to mean good things for EA’s stock shares.

Lisa Clark

Lisa has been an avid gamer since she was old enough to hold her first controller and a game writer for more than a decade. A child of the Nintendo generation, she believes they just don’t make games like they used to but sometimes, they make them even better! While consoles will always be her first love, Lisa spends most of her gaming time on the PC these days- on MMOs and first-person shooters in particular.