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Electronic Arts (EA -7.7%) makes new 52-week lows after providing weak guidance to go with its...
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Tuesday, May 8, 2012, 10:25 AM ETElectronic Arts (EA -7.7%) makes new 52-week lows after providing weak guidance to go with its FQ4 beat. Particularly weighing on the Street is a 400K Q/Q drop in subscribers for Star Wars: The Old Republic to 1.3M - quite discouraging for a game that only launched in December, and was very expensive for EA to develop. Paul Tassi, among those who cancelled, says the game is too repetitive and too much like World of Warcraft (ATVI), and simply not worth paying $15/month for. (transcript)
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