Take-Two Interactive Stock Set to Surge After Profit Beat
TTWOTake-Two Interactive Software(TTWO) Schaeffers Investment Research·2024-08-09 21:02

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) stock is up 7.2% premarket to trade at $147.49, brushing off a revenue miss after the video game maker reported better-than-expected fiscal first-quarter profits. The company attributed lackluster top-line results to higher marketing costs, but did not provide a new release date for its new "Grand Theft Auto" game.Take-Two stock is looking to bounce off its lowest level since November, and is set to test the 20-day moving average, which emerged as a level of ...