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Why Take-Two Interactive Stock Jumped Today

Why Take-Two Interactive Stock Jumped Today

Shares of Take-Two Interactive (NASDAQ: TTWO) were up 10.6% as of 12:15 p.m. ET on Tuesday after the company delivered better-than-expected earnings numbers following the market close on Monday. Earnings per share came in at $0.95, surpassing the consensus analyst estimate of $0.65. Investors might have been more enthusiastic about management's early guidance for fiscal 2023 (ending in March), which calls for record operating results.