Sections
Gi Live London graphic

Connect with the UK Video Games Industry

Buy Your Tickets Today
Gi Live London graphic

EA stock falls almost 25% in two days

Publisher's share price bears the brunt of yesterday's bad news

Shares in Electronic Arts fell by a further 12 per cent yesterday as investors digested the bad news that the super-publisher was revising its guidance downwards on lower-than-expected sales.

It combined with a fall the previous day to give the company a two-day loss of over 22 per cent, bringing the stock down to USD 17 and the market capitalisation down to USD 5.45 billion.

However, the price did recover slightly in after hours trading to go back up by around 2 per cent.

Yesterday CEO John Riccitiello warned investors that the company, while pleased with creativity and new IP, had seen sales fall short of expectation. Specific guidance on full year results will be announced early next year.

Gi Live London graphic

Connect with the UK Video Games Industry

Buy Your Tickets Today
Gi Live London graphic

More stories

EA: Publishers have a responsibility to demystify video games for parents

Samantha Ebelthite discusses EA's awareness campaign with Internet Matters and her new role as vice chair of UKIE

By James Batchelor

The industry should follow EA in using patents to defend accessibility | Opinion

Software patents are a controversial topic but employed defensively, they can help to protect essential accessibility features from the chilling effects of a flawed system

By Rob Fahey

Latest comments

Sign in to contribute

Need an account? Register now.