Wallstreet Rumors

EA stock climbs thanks to Microsoft buyout rumors

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 […]