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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
Electronic Arts Stock Poised To Open At Over 1-Year Low After Lowering Outlook On Weak Football Game Franchise: Retail Keeps Faith
Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.
12m
on MSN
Electronic Arts' SWOT analysis: gaming giant faces challenges amid stock shifts
Electronic Arts (NASDAQ:EA), a leading developer and publisher of interactive entertainment software with a market ...
Money Morning
4h
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 ...
14h
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 ...
1d
EA cuts 2025 bookings forecast as prominent soccer title stumbles
Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness across its established ...
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 ...
8h
Why Take-Two Interactive Stock Is Sinking Today
Take-Two Interactiv e ( TTWO) stock is falling in Thursday's trading. The video company's share price was down 2.7% as of ...
37m
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 ...
1d
on MSN
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, ...
16h
Electronic Arts downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Electronic Arts (EA) to Market Perform from Outperform without a price target The company’s negative fiscal Q3 and ...
5h
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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