NEW YORK – January 24, 2025 (NewMediawire) – Kaplan Fox & Kilsheimer LLP is investigating possible securities violations against Electronic Arts Inc . (NASDAQ: or the company) (NASDAQ: EA).
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If you are an EA investor and have suffered losses, you can click here to contact us. You can also contact Kaplan Fox by emailing jcampisi@kaplanfox.com or calling (212) 329-8571.
On January 22, 2025, after the close of trading, the company announced in a press release that initial guidance for fiscal 2025 anticipated mid-single-digit growth in net live services.[.] However, the company now projects a decline in the mid-single digits, with global soccer accounting for most of the change. EA also revealed that another game, Dragon Age, had only engaged approximately 1.5 million players during the quarter, almost 50% of the Company’s expectations.
Following this news, EA’s stock price decreased $23.77 per share, nearly 17%, to close at $118.58 per share on January 23, 2025. This represents the largest single-day decline since 2008.
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If you have any questions about this research, please contact:
Jeffrey P. Campisi
Kaplan Fox & Kilsheimer LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(212) 329-8571
jcampisi@kaplanfox.com
Laurence D. King
Kaplan Fox & Kilsheimer LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
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