Take-Two (i): Quarter missed the mark, stock still rises as GTA VI will speak for itself!

Objectively speaking , the second quarter was not a highlight for Take-Two (i) . Net Bookings fell by 18% to $1.60 billion, coming in slightly below market expectations. This was primarily impacted by a weaker NBA 2K27. The confirmed annual forecast of $8.0 to $8.2 billion also lags behind the consensus of $8.62 billion. However, this hardly matters now, as GTA VI is set to be released on November 19. CEO Strauss Zelnick speaks of pre-orders at an unprecedented level. According to Sensor Tower, 7.71 million units worth $751 million have already...