Take-Two Interactive (NASDAQ: TTWO) shareholders leveled up against the market this week. Take-Two executives announced on Monday that sales rose 11% for the first-quarter selling period that ended in late March, amid robust demand for digital entertainment. The delay of one or more of those titled could pressure Take-Two's sales in 2022, as they have for rival Activision Blizzard.
The video game company is expecting revenue and profits to inflect higher within the next two to three years.
Warren Buffett's Berkshire Hathaway is taking a $30 billion hit on Apple after "The Big Short's" Michael Burry bets against the stock; Canada Goose stock jumped after forecasting upbeat annual sales; Take-Two and Zynga approved merger proposals.