The EA stock price falls due to season 2 of Apex Legends, according to analysts



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Apex Legends fans enjoy the launch of Season 2, but that's not good news for the EA publisher: the stock price has dropped more than 5%, despite the new season or maybe because of it.

The players waited a long time for the launch of season 2 after more than a month late, and although he was able to deliver what they wanted, it did not seem to be enough. Investors impressed because EA's share price had dropped to its lowest level in five months.

Apex Legends has exploded in the popularity of the door, but has not been able to capture that lightning in a bottle since.

Respawn Entertainment

Apex Legends Season 1 has disappointed fans but Season 2 has impressed so far.

The audience of Twitch is down

In one CNBC reportIt is suggested that the dwindling number of viewers at Twitch is one of the reasons why the stock price has taken a hit. After having been constantly around 100,000 simultaneous spectators, the game now stands at a much smaller account of 20,000 to 30,000 viewers on average.

At the launch, EA paid a lot of banners to showcase his game in the early days, attracting millions of players, 10 million unique players faster than Fortnite – but this growth has undoubtedly slowed down.

NASDAQ

The stock tends to fall.

However, Michael & # 39; shroud & # 39; Grezsiek is one of the very large streamers that have been broadcasting Apex continuously since the launch of Season 2.

It is almost guaranteed that Dr. Disrespect would have spent time on the game if it was not for his Twitch ban as a result of its E3 IRL feed. Upon his return, he will have to see if he decides to broadcast Apex or something else.

EA

Apex is a hit for players but not for analysts.

The commitment of the players is always going well

According to analyst Jeff Cohen, the fall in EI's share price is "pretty radical and she really feels oversold," according to CNBC.

Cohen said that Apex Legends' commitment on Reddit and the number of Twitch channels broadcasting the game are still encouraging.

Respawn Entertainment

EA will want to bounce back after this last blow.

Would cross play help?

An investment advisor from Gerber Kawasaki Inc. said that a platform change would multiply the chances of helping Apex Legends to rebound. according to Bloomberg.

"A lot of people were expecting this season to blow their breath," Nick Licouris, investment advisor for video games at Gerber Kawasaki Inc., told Bloomberg. "I was not there. not too impressed "and EA really needs Apex Legends must be cross-platform to be able to move to the next level. "It's a great thing that Fortnite has done."

According to Business Insider, the update did not dispel concerns about the potential for competition between Apex and Fortnite.

Respawn Entertainment

Apex Legends took a few hits but continues to advance.

For what's worth it, Activision and Take-Two, two of EA's competitors, dropped 3.4% and 1.9%, which may not be entirely related to Apex Legends.

Not surprisingly, stocks fluctuate and if Apex Legends continues to perform well, we can expect to see equities rebound.

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