Why Take-Two Stock Dropped 10% This Week
Take-Two Interactive (NASDAQ: TTWO) shareholders lost ground this week. The video game developer's stock was down 10% through the market close Thursday while the S&P 500 was up by 1%, according to data provided by S&P Global Market Intelligence.
The slump, which added to Take-Two's significant declines so far in 2021, was sparked by a disappointing earnings outlook.
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Source Fool.com