Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
1. EA shares drop 15% after lowering guidance for Q3 net bookings. 2. Projected Q3 net bookings reduced to $2.22 billion from $2.4-$2.55 billion. 3. Fiscal 2025 net bookings forecast cut to $7-$7.15 billion from $7.5-$7.8 billion. 4. EA SPORTS FC 25 experienced significant demand decline affecting overall performance. 5. Dragon Age engagement dropped nearly 50% compared to company expectations.