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via finance.yahoo.comBusiness & Companies

Take-Two shares rise 4.96% as GTA VI pre-orders track far above plan

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Take-Two Interactive (NASDAQ:TTWO) shares rose 4.96% to $217.69 as of 9:53 a.m. ET in regular trading on November 10, after management said Grand Theft Auto VI pre-orders are tracking "far in excess" of initial expectations.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralShares rose on GTA VI pre-order strength despite a second-quarter bookings miss, while full-year guidance was kept.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net bookings reached $1.6 billion, below the $1.62-$1.67 billion guidance.
  2. 02NBA 2K27 sold more than 4 million units but fell short of plan; recurrent consumer spending fell 9%.
  3. 03Q3 net bookings are guided to $3.35-$3.5 billion; fiscal 2027 net bookings are kept at $8.0-$8.2 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Take-Two Interactive Software, Inc.TTWOStock224.16 USD+0.34%today +8.08%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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