💨 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 🤖