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Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company reported GAAP net revenue of $1.37 billion, also down by 3%, and a GAAP loss per share of 54 cents. Take-Two revised its 2024 net bookings forecast lower to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
Wall Street closed out its latest winning week with another milestone, the S&P 500's first close above 5,000.
The S&P 500 rose 0.6% and finished a day above the 5,000 level for the first time. It’s the 10th record in less than a month for the index.
Such milestones don’t carry much weight for a market that’s supposed to move on hard data. But they can juice the spirits of a market that can also be prone to emotional moves.
More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week. The S&P 500 rose 0.6% and finished a day above the 5,000 level for the first time.