EA Stock Plunges. Why the Videogame Maker Is Catching Downgrades. - Barron's
1. EA warns of slowing demand for soccer titles, affecting stock performance. 2. Shares fell 15% after downgraded earnings forecast of $2.22 billion. 3. Weak sales in Global Football Division and disappointing Dragon Age title reported. 4. Analysts downgraded EA to Hold, expressing concerns over Ultimate Team's performance. 5. Market focus is shifting to Nintendo Switch 2 and Grand Theft Auto VI.