Electronic Arts Inc. stock plunged toward its worst decline in more than a decade this week after the videogame maker missed holiday-season sales estimates and lowered its forecast. EA cut its revenue projections for the year ending March to about $4.75 billion from $5.20 billion, but analysts were looking for $4.88 billion. EA cut its annual revenue outlook as its newest “Battlefield” title sold about a million fewer units than expected, partly blaming competition from games such as “Fortnite” and “Red Dead Redemption 2”.
Take-Two said its western adventure blockbuster “Red Dead Redemption 2” had sold 23 million units since its
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