Shares in Electronic Arts traded tumbled Thursday after the video game publisher slashed its bookings outlook for fiscal 2025 amid softening demand for its sports games, including its prominent soccer franchise. The stock broke down below a multi-year uptrend line during Thursday's steep drop on the highest weekly trading volume since January 2023.
Timothy Smith is a Financial Writer and Trader with over 20 years of experience in the financial services industry, having worked for prominent investment banks including Goldman Sachs and Merrill Lynch. His expertise spans various themes such as finance, trading, cryptocurrency, and legal affairs, often focusing on markets, AI, and business leaders. Timothy’s insights and analyses have been featured in ThinkAdvisor, Cureus Journal of Medical Science, and Yahoo Finance, among others.