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208 days

What's Next for EA Stock After Thursday's 17% Plunge?

1. EA cut fiscal 2025 bookings forecast to $7B-$7.15B from $7.5B-$7.8B. 2. Recent soccer games launched without FIFA branding amid declining interest. 3. Shares dropped 17% to $118.58, reaching a September low. 4. Multi-year uptrend line broken with highest trading volume since January 2023. 5. Key support levels identified at $110, $100, and $87.

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FAQ

Why Very Bearish?

EA's reduced bookings outlook indicates significant demand issues, similar to past declines.

How important is it?

Forecast cuts and market reaction are highly significant for EA's valuation.

Why Short Term?

Immediate consequences from demand issues are expected to impact stock price soon.

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