💨 Abstract
Take-Two Interactive Software forecasts lower fourth-quarter bookings due to weak mobile game spending, impacted by economic uncertainties and inflation. Its mobile games like "Empires & Puzzles" underperformed, with players cutting back on in-game spending. However, shares jumped 6% after it reiterated the fall 2025 launch of the highly anticipated "Grand Theft Auto VI".
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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