Why the Market Liked Take-Two Interactive Better Than Activision Blizzard or Trivago Last Week
In this segment from Motley Fool Money, host Chris Hill, Million Dollar Portfolio's Jason Moser, Total Income's Ron Gross, and Supernova and Rule Breakers' David Kretzmann do a quick run through the earnings reports of a pair of video gaming giants and an online hotel booking site.
Activision Blizzard (NASDAQ: ATVI) brought strong Q2 profits to the table and has great prospects, but investors yawned. On the other hand, Take-Two Interactive (NASDAQ: TTWO) raised its guidance, and a company that hasn't refreshed its biggest franchise in years saw its share price surge ahead.
But for Trivago (NASDAQ: TRVG), the issue is that sometimes good news on the top line doesn't make its way down to the bottom line -- especially when you're spending a ton on marketing.
Source: Fool.com