Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.

EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.

Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.

As of writing, shares of EA are trading for $115.80. Ahead of the announcement, the stock was changing hands at $142.35.

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