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EA’s stock on pace for biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles – Vested Daily

EA’s stock on pace for biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles

https://images.mktw.net/im-255860

Published:

After some two years of strong growth, Electronic Arts Inc.’s key soccer-gaming segment is struggling to keep up the momentum. And despite good reviews, its role-playing game “Dragon Age: The Veilguard” has also showed signs of underperforming.

But after those issues prompted the videogame maker to

cut its outlook on Wednesday ahead of its third-quarter results next month, Wall Street analysts were left searching for the exact root of EA’s EA troubles, whether it be possible fatigue among players or holiday travel. And while some analysts downgraded the stock, others found reasons to stay optimistic.

This post was originally published on Market Watch

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