For those of you who don’t know, E3 stands for Electronic Entertainment Expo and it’s a highly anticipated conference for video game producers, developers and, of course, players.
This year, E3 takes place from June 11 to the 13, but some companies will present their 2019 lineups before E3 officially kicks off.
Here are four companies that investors should keep an eye on during E3.
The event, called EA Play, will take place on Saturday, June 8.
Electronic Arts is expected to unveil Star Wars Jedi: Fallen Order and to further discuss its wildly popular battle royale game, Apex Legends.
Microsoft (EA – Get Report) is rumored to be preparing to announce a new Xbox. And, with rival hardware maker, Sony–the company behind Playstation–sitting out of E3, now may be the perfect time for Microsoft to hog the headlines.
The company will be presenting their lineup of games and, potentially, a new Xbox on Sunday, June 9.
The company announced in its fourth-quarter earnings that it planned on laying off around 800 people.
And, the stock is down around 40% in the past year.
However, there is an upside. The company is expected to discuss its newest Call of Duty, Call of Duty: Warfare.
Yeah, you read that right.
The company is appearing on a panel about turning its shows into video games and has teased that it plans on showing off a new Stranger Things game.
The Vanguard Information Technology ETF (VGT) rose $0.09 (+0.04%) in after-hours trading Friday. Year-to-date, VGT has gained 25.04%, versus a 8.22% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of TheStreet.