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Sales Caution Prompts Take-Two’s Shares to Drop

Shares in video game publisher Take-Two Interactive were off sharply, as U.S. Bancorp Piper Jaffray analyst Tony Gikas, suggested the company may report disappointing results for its most recent quarter.

Game Developer, Staff

December 14, 2001

1 Min Read

Shares in Take-Two were off about 31.2 percent at $10.35. The sell-off has nearly wiped out a rally in Take-Two’s stock price that began in late September. The stock was the second-biggest percentage loser for the day on Nasdaq, and was also among the 25 most-active.

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Phil Spencer at a 2024 Xbox livestream event.

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Xbox head Phil Spencer still wants to work with mobile and Chinese devs Xbox head Phil Spencer still wants to work with mobile and Chinese devs

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Ubisoft finds new chief people officer in health and food exec Sébastien Froidefond Ubisoft finds new chief people officer in health and food exec Sébastien Froidefond

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Opinion: How will Project 2025 impact game developers?

The Heritage Foundation's manifesto for the possible next administration could do great harm to many, including large portions of the game development community.