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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
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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