Skip to content
Subscriber Only

Electronic Arts Tumbles After CEO Ouster, Lower Forecast

Electronic Arts Inc., the No. 2 U.S. video-game maker, sank the most in 19 months after ousting its chief executive officer and cutting an already-lowered forecast for this quarter.

Electronic Arts slid 8.3 percent to $17.15 at the close in New York, the biggest drop since August 2011. CEO John Riccitiello leaves at the end of this month, a casualty of shrinking sales as the industry gears up for new consoles that no one is sure shoppers want.