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« Top 20 S&P 500 Stocks This Year | Main | The Dumbest Reason for a Stock to Fall » June 27, 2006 Take-Two Taken Down 20%These are hard times for the video game stocks. Electronic Arts(ERTS) is down about 30% in the past few weeks. The company had a rotten earnings report in May. Today we learn that Take-Two Interactive (TTWO) has been subpeonad. According to the New York Times, the grand jury is "seeking information about a range of its business practices dating back to 2001 and the inclusion of sexually explicit material in one of its games." The shares are down about 20%. Posted by edelfenbein at June 27, 2006 12:02 PM |
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