Levi & Korsinsky notifies investors that it has commenced an investigation into Electronic Arts Inc. (NASDAQ: EA) concerning potential violations of the federal securities laws.
On January 22, 2025, EA issued a press release pre-announcing their preliminary Q3 FY25 results and announcing a guide-down from the company’s prior expectations. Where “EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings … the company now projects a mid-single-digit decline.” EA primarily pointed to two setbacks: Global Football, specifically EA Sports FC 25, which required “a comprehensive gameplay refresh” earlier this month; and Dragon Age, which engaged approximately 1.5 million players during the quarter, down nearly 50% from the company’s expectations.” Following this news, EA’s stock price fell by $24.12 per share and is currently trading at $118.23 per share.
If you suffered a loss on your Electronic Arts Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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