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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.
Electronic Arts Stock: Gaming Giant Slumps on Profit Warning
Electronic Arts experienced a dramatic stock plunge of over 17% on Thursday, wiping approximately $6 billion off its market capitalization after significantly lowering its annual forecast. The gaming
EA Shares Plunge on Earnings Warning
EA Stock Slides After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA Sports FC" titles that previously carried the FIFA name. In premarket action,
EA Shares Plunge on Earnings Warning After Weak Soccer, ‘Dragon Age’ Games
Shares of Electronic Arts Inc. plunged 18% Thursday morning, the biggest decline since 2008, after the gaming company warned its financial results would be weaker than expected due to poor sales results of two titles released over the holidays.
EA’s December quarter was weaker as Dragon Age and soccer missed forecasts
EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
Money Morning
5h
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
6h
on MSN
S&P 500 Gains and Losses Today: Electronic Arts Drops as Game Maker Cuts Forecast
The S&P 500 gained 0.5% on Thursday, Jan. 23, reaching a record close as President Donald Trump pressed for lower oil prices ...
4h
on MSN
EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
After some two years of strong growth, Electronic Arts Inc.’s key soccer-gaming segment is struggling to keep up the momentum. And despite good reviews, its role-playing game “Dragon Age: The ...
5h
on MSN
Tech, Media & Telecom Roundup: Market Talk
Find insight on Electronic Arts, consumer spending on videogames, Meta and more in the latest Market Talks covering ...
1h
on MSN
EA shares slump after soccer game misses goal
Electronic Arts shares sank more than 15 per cent on Thursday, tripped up by a surprise slowdown in spending on the soccer ...
14h
Electronic Arts price target lowered to $140 from $165 at Oppenheimer
Oppenheimer lowered the firm’s price target on Electronic Arts (EA) to $140 from $165 and keeps an Outperform rating on the shares. The firm ...
6h
on MSN
These Stocks Moved the Most Today: Electronic Arts, Nvidia, Arm, GE Aerospace, American Airlines, Union Pacific, and More
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and ...
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