Electronic Arts on Thursday announced that its latest game “Apex Legends” hit 10 million gamers in three days. Rival Fortnite’s viewership on the streaming site Twitch was “basically chopped in half” following EA’s release, said Jefferies in a note seen by Bloomberg. EA’s stock rallied on Friday and extended gains Monday to its highest level in four months. Watch Electronic Arts trade live.
Electronic Arts gained as much as 9.5% to $106.88 on Monday,