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EA shares plunge 19%, on track for worst day since dot-com bubble
EAElectronic Arts(EA) CNBC·2025-01-23 16:37

A sign is posted in front of Electronic Arts (EA) headquarters on March 30, 2023 in Redwood City, California. Video game maker Electronic Arts announced plans to cut 6 percent of its nearly 13,000 person workforce.Shares of Electronic Arts headed for their steepest drop since 1999 after the video game publisher cut its full-year bookings guidance, due mostly to challenges with its soccer franchise. The stock plummeted 19% to $115.86 as of mid-day on Thursday. That would be its worst day on the market since ...