💨 Abstract
Electronic Arts (EA) shares dropped 15% due to a slowdown in spending on its soccer game franchise "FC 25". The game received mixed reviews for its lack of new features, causing a decrease in revenue for EA's live services segment. The company lowered its annual revenue forecast and projected a mid-single-digit decline in live-service bookings.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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