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