A Common Foe as Videogame Stocks Stumble: ‘Fortnite’
 

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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.”

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…




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