These are some of the stocks moving in after-hours on Wednesday, May 17, 2023.
Take-Two Interactive (TTWO)
Take-Two Interactive shares soared as much as 10% in post-market after the video game publisher’s fiscal fourth quarter’s total Net Bookings grew 65% to $1.39 billion, beating Wall Street estimates of $1.34 billion.
The results were driven by titles like Grand Theft Auto V and Grand Theft Auto Online, Red Dead Redemption 2, and Zynga’s mobile portfolio.
BRAZIL – 2023/02/07: In this photo illustration, the Take Two Interactive Software logo is displayed on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
“We also issued guidance for Fiscal 2024, which includes Net Bookings in the range of $5.45 billion to $5.55 billion. Our forecast reflects the challenging consumer backdrop, as well as an extension of the development timelines for several high-profile, long-awaited titles in our pipeline,” said Strauss Zelnick, chairman and…
This article was written by and originally published on finance.yahoo.com