Take-Two Interactive, Inc. (TTWO)Take-Two stock takes punch after BioShock 2 delayJoystiq - July 14, 2009
Submitted by TheSmilkman (101)
at 12:22PM PST on July 14, 2009
Shares of Take-Two Interactive took a hit overnight after the company announced BioShock 2's delay to the first half of 2010. After-hours trading saw the stock drop 13 percent. Today, during regular trading hours, the stock has hovered around a 10-percent loss.
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I guess I can see how the two can appear similar. It wasn't even the down bids that bothered me. It was that nobody tried to correct me in what they felt I did wrong. If someone said "this article sucks because it's boring", then I would have taken it down and avoided the clutter.
I just thought that it was interesting to see that BioShock has such a big impact on the industry to cause a company's stock to drop due to a delay announcement.