Today EA released their latest earning report for the last financial quarter. For the first time in over a year and a half, I did not nervously await the contents of the said report and the reaction of Wall Street afterwards. I currently own zero shares in EA, so at this point the stock price only tangentially affects me as an employee. Sure, I don’t want to see the stock price drop 50% overnight but I do feel a sense of freedom not having to watch the chart the day after an earnings report.
As some of you know, I sold all my EA stock last quarter. As soon as I did that, I had no need to check the stock price every morning when I woke up. It was liberating not having to do that all the time.
Incidentally, the stock price dropped about $2 in after hours trading due to a lower than expected financial forecast. Previously, that would have caused me worry but I saw the news and shrugged.
Unfortunately (or fortunately?), this is only a short reprieve. In six months, the employee stock purchase plan kicks in and I get some stock again. Then next June, the first of my stock awards vests and I get more stock. Until February though, I’m all good!