Electronic Arts plummets on the stock market after the disappointing results for Dragon Age and EA Sports FC 25
, by Thibaut
The American company has revised its forecast for the fiscal year ending March 31 downwards.
This is due to the disappointing sales of Dragon Age: The Veilguard and EA Sports FC 25 failing to reach the heights of the previous entry.
As a result, Electronic Arts has collapsed on the stock market, with its share price down 16.70% in 24 hours, which equates to a loss of $6 billion on the company's market value. It's also the lowest share price in the last 12 months.