Speculation of an Electronic Arts Bid Helped Pare Losses in Video Gaming ETFs
August 26, 2022 at 15:08 PM EDT
Electronic Arts Inc. (NasdaqGS: EA) shares climbed Friday, paring some of the losses in gaming sector-related exchange traded funds, on a potential deal to buy out the video game maker. On Friday, the VanEck Vectors Video Gaming and eSports ETF (ESPO) fell 2.7%. Meanwhile, Electronic Arts shares were 4.6% higher. EA makes up 5.1% of ESPO. [...] The post Speculation of an Electronic Arts Bid Helped Pare Losses in Video Gaming ETFs appeared first on ETF Trends .
