ahlam1399
02-07-2019, 12:34 PM
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Videogame stocks careened lower Wednesday after two of the industry’s biggest publishers showed how difficult it is to escape the long shadow of “Fortnite.â€
Shares of Take-Two Interactive Software Inc. sank 14% after the company delivered an outlook for its current fiscal quarter that didn’t meet Wall Street’s expectations. Late Tuesday, Electronic Arts Inc. also disappointed Wall Street with its outlook; its stock fell 13%.
Both…
Source link (https://www.wsj.com/articles/a-common-foe-as-videogame-stocks-stumble-fortnite-11549481589?mod=rss_Technology)
More (http://ahlam1399.i234.me:8888/m/2019/02/07/a-common-foe-as-videogame-stocks-stumble-fortnite/)
Videogame stocks careened lower Wednesday after two of the industry’s biggest publishers showed how difficult it is to escape the long shadow of “Fortnite.â€
Shares of Take-Two Interactive Software Inc. sank 14% after the company delivered an outlook for its current fiscal quarter that didn’t meet Wall Street’s expectations. Late Tuesday, Electronic Arts Inc. also disappointed Wall Street with its outlook; its stock fell 13%.
Both…
Source link (https://www.wsj.com/articles/a-common-foe-as-videogame-stocks-stumble-fortnite-11549481589?mod=rss_Technology)
More (http://ahlam1399.i234.me:8888/m/2019/02/07/a-common-foe-as-videogame-stocks-stumble-fortnite/)