Take-Two Interactive Software Inc (TTWO)

165.88
-3.72(-2.19%)
After Hours
166.35
+0.47(+0.28%)
- Real-time Data
  • Volume:
    2,243,480
  • Bid/Ask:
    164.56/170.30
  • Day's Range:
    165.39 - 171.77

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  • Well... these dumps may be the result of China's war on gaming. Maybe I'm wrong and the entire gaming sector will collapse. If the EU and the USA impose the same regulations for gaming as China. The gaming sector may end up like the tobbaco industry in the 90s - with more and more regulations and anti-advertising: "Your kids can waste their live by playing games" etc. Maybe I'm just panicking, but it doesn't look good so far.
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    • There are reasons why big tech companies invest this much in gaming. It is a major market for the long term.
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    • School’s back in session, so homework and after/school activites. Just a seasonal slowdown and part of the cycle. If Biden can blame gaming for any of his failed decisions, he will and then try to overregulate it, or slap more taxrs on it. It’s part of his history in public office.
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