EA shares plunge after gamemaker delays the release of key game 'Battlefield V,' adjusting guidance

EA shares plunge after gamemaker delays the release of key game 'Battlefield V,' adjusting guidance

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/30/ea-shares-plunge-on-battlefield-v-release-delay.html

Shares of Electronic Arts plunged more than 6 percent at market open Thursday after the gamemaker announced it is delaying the release of "Battlefield V" by a month and adjusted its full-year guidance to reflect the lower sales.

The next iteration of EA's popular Battlefield series will now launch on November 20, the company said in a release. That distances the release from some other highly anticipated game launches like Activision Blizzard's "Call of Duty: Black Ops 4" and Take-Two's "Red Dead Redemption 2" — both set to launch in October.

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