Epic Games lays off 1,000 employees, citing dip in ‘Fortnite' popularity [Los Angeles Times (CA)]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ea.com
Company Research
Source: Los Angeles Times
Chief Executive Tim Sweeney announced the cuts Tuesday morning in a message to employees. He said it has nothing to do with AI and instead pointed to what he said was a lack of “Fortnite” engagement last year. “Despite Fortnite remaining one of the most successful games in the world, we've had challenges delivering consistent Fortnite magic with every season,” said Sweeney in a statement. The company's flagship game was first released in 2017. Since then, it's been a key part of internet culture — where character-specific dances became widespread trends and major musicians, like Travis Scott and Ariana Grande, have hosted concerts in the virtual realm. But Epic has been slow to optimize the computer game for mobile play. A “Fortnite” app was first introduced in 2018, but soon removed due to a legal battle against Apple and Google over app store practices. Sweeney said the company is still in the “early stages of returning to mobile and optimizing Fortnite for the world's billio
Show less
Read more
Impact Snapshot
Event Time:
EA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EA alerts
High impacting Electronic Arts Inc. news events
Weekly update
A roundup of the hottest topics
EA
News
- The Expanse: Osiris Reborn Moves on From Mass Effect but Keeps Companions Close [CNET News]CNET News
- Private credit cracks open door for Wall Street banks' comeback: ‘The tug of war is just starting' [CNBC]CNBC
- Private credit is bruised, not broken [Yahoo! Finance]Yahoo! Finance
- ‘Fortnite' video game maker lays off over 1,000 workers [Yahoo! Finance]Yahoo! Finance
- Epic Games lays off 1,000 employees, citing dip in 'Fortnite' popularity [Yahoo! Finance]Yahoo! Finance
EA
Earnings
- 2/3/26 - Miss
EA
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- EA's page on the SEC website