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Why Take-Two Interactive Stock Was Falling Earlier Today

Why Take-Two Interactive Stock Was Falling Earlier Today

Shares of Take-Two Interactive (NASDAQ: TTWO) were down 2.9% as of 10:55 a.m. ET on Wednesday. Investors have concerns about the near-term trends in gaming following a disappointing earnings report from Electronic Arts on Tuesday. Electronic Arts missed earnings and revenue estimates for the recent quarter, in which management blamed lower engagement for some of its games that is not consistent with historical trends this time of year.