Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.

Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.

EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.

The Veilguard' has missed the company’s internal expectations by nearly 50 percent, with roughly 1.5 million players having "engaged" with the title during the third quarter of the fiscal year.