DD Short EA as their new AAA game Dragon Age Veilguard is a flop (only 55k players online on day 1)
Quick and simple. EA Games beat estimates just last week and are almost at all time high. Their top new game for which many people including me were waiting for: Dragon Age Veilguard just came out yesterady, and despite the positive reviews is a woke flop. The positive reviews are due to EA providing review copies only to reviewers which are known to be overly positive (i.e. IGN and the likes) but did not provide copies to others. Now that the game is out it has currently 55k players online on Steam (ranking #29 on Steam). That's embarassing for a first day for an AAA game.
https://preview.redd.it/axvwceayuayd1.png?width=1448&format=png&auto=webp&s=f99bcdf3ea48b27968d60c8bed523393018b1115
TL;DR: Short EA, as their new flagship game Dragon Age Veilguard is a flop.
My position: 200 shares short at 150 USD. I will buy some puts as well. You can hold either till next results or just when the bad reviews come out (probably this week) and analysts realize that the game isn't going to continue selling well.