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Take-Two Slips on Concern Virus-Fueled Gaming Boom Will Fade

  • NBA 2K20, Grand Theft Auto franchises among quarter’s leaders
  • Light release schedule tempers company’s full-year outlook
Inside The 2019 E3 Electronic Entertainment Expo
Photographer: Patrick T. Fallon/Bloomberg
Updated on

Take-Two Interactive Software Inc. slipped in late trading after warning that the current boom in video-game play may fade after lockdowns end.

“We do not have expectations for the increased engagement that we’ve seen of late through the back half of the year,” Chief Executive Officer Strauss Zelnick said in a phone interview Wednesday.