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Dump your shares of Take-Two Interactive (TTWO)

Today's Financial News - Posted December 18, 2008

Take-Two’s share price is tanking fast after announcing an expectations of lowered earnings in Q1 2009.

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): Take-Two Interactive Software (NASDAQ:TTWO) just released it’s Q4 2008 results. On the good side, the company saw record net revenues for fiscal 2008. As of October 31, 2008, the company reported $1,537.5 million compared to $981.8 million last year. And net income was a record $97.1 million.

One the lousy side, the company is predicting significant losses for Q1 of 2009. Read the full report from Take-Two here.

I recommend you dump any shares you have of Take-Two Interactive Software (NASDAQ:TTWO).


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Posted by Laura Cadden · Filed Under US Stocks and Markets 

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