If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

EA stock climbs thanks to Microsoft buyout rumors

uparrow1

Thanks to "unsubstantiated" rumors of a Microsoft takeover, stock in EA has climbed 5.24 percent to $19.36.

This rumor has been good for MS as well, as stock in the Seattle corporation has increased by 0.9 percent to $26.

"There's talk that Microsoft might be interested in acquiring Electronic Arts,"said Frederic Ruffy, options strategist at WhatsTrading.com. "It's unsubstantiated chatter, but it's out there."

A London-based trader told Reuters that similar talk has made the rounds in Europe.

More through the link.

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!

Related topics
About the Author
Stephany Nunneley-Jackson avatar

Stephany Nunneley-Jackson

News Editor

Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

Comments