Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

1 Green Flag for Take-Two Interactive in 2022, and 1 Red Flag

TheMotleyFool

0 0

1 Green Flag for Take-Two Interactive in 2022, and 1 Red Flag: https://g.foolcdn.com/editorial/images/708572/game-on-phone.jpg

Take-Two Interactive (NASDAQ: TTWO) investors just received a nasty surprise. The video game giant lowered its 2022 full-year outlook despite posting strong growth in the quarter that ended in September.

Worse yet, the new forecast calls into question some of the key reasons behind management's expensive acquisition of Zynga earlier this year.

Let's take a closer look at that challenge to Take-Two's short-term growth, along with one big reason to still love this stock right now.

Source Fool.com

Like: 0

TTWO

Share