Electronic Arts Trading Volume Surges to 170th Position Amid Black Panther Game Cancellation

On May 29, 2025, Electronic Arts (EA) saw a significant surge in trading volume, with a total of 5.04 billion shares traded, marking a 50.42% increase from the previous day. This surge placed EA at the 170th position in terms of trading volume for the day. Meanwhile, EA's stock price experienced a decline of 2.75%, marking the second consecutive day of losses, with a total decrease of 2.77% over the past two days.

Electronic Arts has canceled its highly anticipated Black Panther game and shut down the developer studio, Cliffhanger Games. This decision comes after nearly two years of development, with the game being announced in 2023. The cancellation was confirmed through an internal email sent by EA Entertainment and Technology president Laura Miele, who cited the need to focus on more significant growth opportunities. The closure of Cliffhanger Games, which was founded less than two years ago, is part of a broader restructuring effort by EA, which has also seen layoffs across various teams. This move follows previous layoffs and project cancellations, including the failure of Dragon Age: The Veilguard to meet sales projections.

Despite the cancellation of the Black Panther game, EA remains committed to other high-profile projects. These include Battlefield, The Sims, Skate, and Apex Legends, as well as the Iron Man game announced in 2022, the new Star Wars: Jedi game in development, and the next Mass Effect game. Miele emphasized that these decisions, while difficult, are necessary to sharpen the company's focus and allocate resources more effectively. EA is also providing support to the affected employees, including helping them find new roles within the company.