Take-Two stock tumbles after it cuts outlook
Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in the current quarter and for fiscal 2023 would be lower than previously expected. Here’s how the company did: Loss: $1.54 loss per share Revenue: $1.5 billion, vs. $1.55 billion as expected…