Electronic Arts Inc. shares fell in the extended session Tuesday after the videogame publisher reported quarterly results below Wall Street expectations following a record high closing price.
The search-engine behemoth reported net income of $15.23 billion, or $22.30 a share, compared with net income of $10.67 billion, or $15.35 a share, in the year-ago quarter. The company reported $11.25 billion in net income last quarter.
U.S. stock benchmarks on Tuesday extend gains with investors encouraged by news on the pace of vaccines in the U.S., the prospect of more fiscal aid from Congress, and a decline in the frenzy of retail trading in heavily shorted stocks.