EA stock has hit a 52-week low point, now trading for $11.28 per share, and CEO John Riccitiello has some theories for why that may be. In a recent 15-minute interview with CNBC, Riccitiello explained that investors were simply confused by the state of the industry -- the gaming industry, that is -- and understanding its current stage. No new consoles have been announced yet, and in the meantime, investors aren't entirely willing to hop on board the social and mobile gaming train.
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EA stock has hit a 52-week low point, now trading for $11.28 per share, and CEO John Riccitiello has some theories for why that may be. In a recent 15-minute interview with CNBC, Riccitiello explained that investors were simply confused by the state of the industry -- the gaming industry, that is -- and understanding its current stage. No new consoles have been announced yet, and in the meantime, investors aren't entirely willing to hop on board the social and mobile gaming train.
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