Shares of Take-Two Interactive Software, Inc. TTWO plummeted during Friday’s session following third-quarter results.
Take-Two reported third-quarter total net bookings of $1.34 billion, a 3% year-over-year decline. The company also slashed its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
Take-Two Interactive Software shares plummeted 8.8% to $154.69 on Friday.
Here are some other stocks moving in today’s mid-day session.
Companies On The Rise
- Sunworks, Inc. SUNW shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
- TOP Financial Group Limited TOP gained 87.55% to $6.13.
Companies On The Decline
- Synlogic, Inc. SYBX fell 53.3% to $1.61 after the company announced it will discontinue Synpheny-3, cease operations, and reduce its workforce by more than 90%.
- The Children’s Place, Inc. PLCE shares fell 52.7% to $9.34 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.
Market Plunge: Stock Declines Hit Various Companies
- Inc. BTAI fell 33.7% to $2.4882 after the company announced a proposed public offering.
- Jin Medical International Ltd. ZJYL declined 33.5% to $8.62.
- EMCORE Corporation EMKR fell 32% to $0.4275 after posting weak quarterly results.
- MicroAlgo Inc. MLGO declined 31% to $0.7172.
- Renalytix Plc RNLX shares fell 30% to $0.3791 after climbing over 96% on Thursday.
- Lantronix, Inc. LTRX fell 28.8% to $4.1350 following weak sales.
- MicroCloud Hologram Inc. HOLO shares declined 27.4% to $20.81 after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
- eGain Corporation EGAN fell 24.4% to $5.77 following second-quarter results.
- AMC Networks Inc. AMCX declined 19.1% to $13.78 following weak earnings.
- Virco Mfg. Corporation VIRC dipped 18.6% to $9.48.
- Expedia Group, Inc. EXPE declined 17.6% to $131.38 after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.
- Adlai Nortye Ltd. ANL fell 12.3% to $7.50.
- Newell Brands Inc. NWL declined 11.8% to $7.45 following quarterly results.
- Pinterest, Inc. PINS shares declined 11.4% to $36.07. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.
- BILL Holdings, Inc. BILL fell 11% to $67.40 following quarterly results.
- Affirm Holdings, Inc. AFRM shares fell 10.6% to $43.98 after the company reported second-quarter financial results.
- IBEX Limited IBEX fell 10.2% to $15.61.
- Sensient Technologies Corporation SXT fell 9.6% to $56.62 following weak earnings.
- Owens Corning OC fell 6.9% to $148.43 after the company announced an agreement to acquire Masonite for $3.9 billion.
- Magna International Inc. MGA declined 6.5% to $54.89 after the company reported mixed quarterly results.
- Illumina, Inc. ILMN shares declined 2.7% to $139.45 following fourth-quarter results.
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