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Take-Two (TTWO) Drops After Deutsche Bank Downgrade

August 17, 2022 1:39 PM EDT

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) are down more than 3.5% in mid-day trading Wednesday after the company was downgraded to Hold at Deutsche Bank following its 1Q23 earnings results and guidance updates.

Deutsche Bank analyst, Benjamin Soff based the downgrade decision on what he sees as a... More