Stock Market Alert - ERTS named a new CEO on Monday, as John Riccitiello will be the new CEO, replacing Larry Probst. Expect the new CEO to focus more on new game innovation and a bit less on relying just on sequel titles. Expect Wall Street to cheer this move, as they weren’t the biggest fans of Probst and his strategies. ERTS is currently trading up 0.85% in the afterhours session, and I expect it to have a reasonably strong day on Tuesday as Wall Street cheers this news.
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