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Stock impact report

GameStop shares tank as company cuts jobs, quarterly revenue falls [CNBC]

Take-Two Interactive Software, Inc. (TTWO) 
Last take-two interactive software, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.take2games.com
Company Research Source: CNBC
Shares of the Grapevine, Texas-based company tumbled 17% in extended trade after the results. Soft consumer spending has weighed on the gaming market over the past few months, with U.S. videogame publishers Take-Two Interactive Software and Electronic Arts reporting earnings below estimates last month. GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion in the same quarter a year earlier. Show less Read more
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