Is the Team17 float an upward or downward indicator for the video game sector?
With an expected market cap of around ten times its 2017 earnings and a booming UK gaming sector, is the Team17 float the sign of a golden age or a coming crash?
Company
Electronic Arts Inc
NASDAQ:EA
Electronic Arts Inc is a digital interactive entertainment company. The company develops, markets, publishes and delivers games, content and services that can be played by consumers on a range of platforms, which include game consoles, personal computers (PCs), mobile phones and tablets. Its portfolio includes brands that it either wholly owns, such as Apex Legends, Battlefield and The Sims or licenses from others, such as Madden NFL, Star Wars, and the 300 plus licenses within its global football ecosystem.
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