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Take-Two Interactive Stock Tumbles on Lowered Forecast, Game Delay
TTWOTake-Two Interactive Software(TTWO) Investopedia·2024-02-09 21:15

Key TakeawaysTake-Two Interactive Software Inc., the mobile game developer behind "Grand Theft Auto" and "Toon Blast," lowered its guidance for fiscal 2024 after its fiscal third-quarter earnings report.Although Take-Two Interactive slipped in net bookings in the latest quarter and delayed the release of an unspecified game, analysts remain optimistic about its content pipeline.Mobile gaming division Zynga continues to find success as it gears up to release games based on "Star Wars" and "Game of Thrones."T ...