Take-Two (TTWO) Falls 0.7% in Pre-Market as Q2 Bookings Outlook Misses Market Expectations

1. 1Take-Two Interactive (TTWO) shares fell 0.7% in Monday's pre-market trading to $244.76.
2. 2Q1 net bookings of $1.39 billion topped the consensus of $1.37 billion, but the Q2 guidance of $1.62–1.67 billion fell short of market expectations of roughly $1.79 billion.
3. 3With the November 19 launch of Grand Theft Auto 6 approaching, strong Q1 demand and a weaker Q2 outlook are pulling in opposite directions, highlighting near-term growth uncertainty.

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