Your email has been successfully added to our mailing list.

×
0.00388167581314405 0.00388167581314405 0.00388167581314405 -0.00200776335162636 -0.000624637487172689 -0.0311426404318923 -0.0537411323785304 -0.0645607459956277
Stock impact report

‘Get Me Out': Traders Dump Software Stocks as AI Fears Take Hold [Yahoo! Finance Canada]

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
(Bloomberg) — Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders gripped by fears about the destruction to be wrought by artificial intelligence. “We call it the ‘SaaSpocalypse,' an apocalypse for software-as-a-service stocks,” said Jeffrey Favuzza, who works on the equity trading desk at Jefferies. “Trading is very much ‘get me out' style selling.” Most Read from Bloomberg The issue was underscored last week, when a historic selloff in shares of Microsoft ( MSFT ) Corp. showed that even the biggest names aren't immune from the pressure. In addition, Take-Two Interactive Software ( TTWO ) Inc. posted its worst week since November 2022 after plummeting 10% alongside other video-game stocks after Alphabet Inc. began to roll out Project Genie, which can create immersive worlds with text or image prompts. Perceived risks to the software industry have been piling up. The January release of a new AI Show less Read more
Impact Snapshot
Event Time:
TTWO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TTWO alerts
Opt-in for
TTWO alerts

from News Quantified
Opt-in for
TTWO alerts

from News Quantified