Electronic Arts Trading Volume Surges 57.89% to 7.95 Billion, Ranks 198th Amid Black Panther Game Cancellation

Generado por agente de IAAinvest Volume Radar
viernes, 30 de mayo de 2025, 9:06 pm ET1 min de lectura
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On May 30, 2025, Electronic ArtsEA-- (EA) saw a significant surge in trading volume, with a turnover of 7.95 billion, marking a 57.89% increase from the previous day. This substantial rise placed EAEA-- at the 198th position in terms of trading volume for the day. Meanwhile, EA's stock price increased by 0.66%.

EA's recent decision to cancel its highly anticipated Black Panther game and shut down the development studio, Cliffhanger Games, has sent shockwaves through the industry. The cancellation came as a surprise to many employees at Cliffhanger, who were actively hiring for the project until the very last moment. EA had recently approved the project to move forward, indicating that it was progressing well. However, some executives were reportedly frustrated that the game had not left pre-production after four years of development.

The decision to cancel the Black Panther game and close Cliffhanger Games was reportedly driven by EA's desire to refocus its resources on more significant growth opportunities. Despite the cancellation, EA reassured gamers that its partnership with Marvel remains strong, with several other Marvel games still in development. The iconic character Black Panther is also set to appear in a near-future video game, Marvel 1943: Rise of Hydra, scheduled for release in early 2026.

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