What's Going On With Take-Two Stock On Friday? - Take-Two Interactive (NASDAQ:TTWO)
12 Articles
12 Articles
What's Going On With Take-Two Stock On Friday? - Take-Two Interactive (NASDAQ:TTWO)
After spiking in pre-market trading, Take-Two Interactive Software shares are down after the company beat quarterly estimates and forecast record fiscal 2027 bookings driven by the Nov. 19 launch of Grand Theft Auto VI.
The official GTA 6 news counter goes slower than we would like. Logically, it was the most repeated theme in all the night conversations about Take-Two Interactive's financial report, published around midnight yesterday, May 21.But, beyond the reconfirmation that GTA VI will arrive on November 19 and that its marketing (very different from GTA V) will start in summer, the company's report leaves other interesting news.For example, the Grand Thef…
Take-Two Gains Premarket After GTA VI Date Eases Top Concern
Take-Two Interactive kept Grand Theft Auto VI’s Nov. 19 release date, sending shares up 7% in after-hours trading despite a weaker annual forecast. Fiscal fourth-quarter net bookings reached $1.58 billion, with GAAP revenue at $1.68 billion and net loss narrowing to $59.5 million. Fiscal 2027 bookings guidance missed analyst estimates. Grand Theft Auto V sales neared 230 million units. The post Take-Two Gains Premarket After GTA VI Date Eases To…
Probably the biggest game release of the year actually appears on November 19. The stock increases significantly
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
