'GTA' video game publisher Take-Two cuts workforce [Yahoo! Finance]
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: Yahoo! Finance
About 600 jobs are expected to be eliminated by Take-Two, parent company of studios including Rockstar Games, maker of the blockbuster "Grand Theft Auto" line-up. Take-Two is "rationalizing its pipeline and eliminating several projects in development and streamlining its organizational structure, which will eliminate headcount and reduce future hiring needs," it said in a filing with the Securities and Exchange Commission. Layoffs have hit video game companies large and small since the end of the pandemic, with over hiring and economic woes cited among reasons. The New York-based company had put out word it was working on a plan to reduce costs after reporting disappointing earnings in the final three months of last year. Take-Two lowered its financial outlook at the time, saying in an earnings release that the change reflected "softness" it was experiencing in mobile advertising and its "NBA 2K24" basketball video game. Take-Two owns mobile game maker Zynga. "Grand Theft
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTWO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTWO alerts
High impacting Take-Two Interactive Software, Inc. news events
Weekly update
A roundup of the hottest topics
TTWO
News
- Is Take-Two Interactive Stock Going to $185? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
- "RALLY ON" in TopSpin® 2K25 Now Available Worldwide [Yahoo! Finance]Yahoo! Finance
- “RALLY ON” in TopSpin® 2K25 Now Available WorldwideBusiness Wire
- NFL, NFLPA and 2K Announce Launch of NFL 2K Playmakers Mobile GameBusiness Wire
- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $185.00 price target on the stock.MarketBeat
TTWO
Earnings
- 2/8/24 - Miss
TTWO
Sec Filings
- 4/16/24 - Form 8-K
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- TTWO's page on the SEC website