EA opened at $126.77 yesterday before posting solid session gaining 1.12%

Yesterday at a glance: the video games developer went up to $126.8, gaining 1.12%.

Electronic Arts's uptick comes amid disappointing United States macroeconomic data released during the session – United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

This rally in Electronic Arts's share price coincided with other communication services stocks as Netflix added 5.54% to its value, and traded at $378.88. Meta Platforms traded at $262.04 after closing yesterday's trading day at $252.69 (up 3.7%). AT&T gained 2.31%, as it traded at $15.5.

The stock has been trending positively for about 2 months. 2 months ago, the video games company fell to a low of $109.19 but has since recovered 14.85%.