Electronic Arts Rally Following Record-Leverage Buyout Deal

27 days ago

Bailey Lipshalt

"EA Electronic Arts ticker EA closing up on the day four and a half% when you go back to using a two-day move up more than 20% this coming after a deal to be acquired in the largest leverage buyout on record to a group of investors that includes a firm managed by President Donald Trump s son-in-law Jared Kushner and Saudi Arabia's sovereign wealth fund. Guys, $55 billion for a video game maker in electronic arts."

EA appears to be benefiting from a highly publicized buyout deal, which has buoyed its share price significantly. The commentary notes a strong rally over a short period and suggests that the corporate action has injected considerable bullish sentiment into the stock.

Related Stocks