Take-Two Interactive (TTWO) fell 5% to $197.72 and is down 23% year to date after Wells Fargo trimmed near-term bookings and adjusted EBITDA estimates on weaker assumptions for its basketball franchise and mobile business. Wells Fargo kept its Overweight rating and $300 price target because its Grand Theft Auto VI unit assumption sits well above what Take-Two's current fiscal-year guidance implies. The firm expects third-quarter fiscal 2027 guidance to come in below consensus. Roblox was flat at $49.60 and GameStop fell 0.5% to $27.11, while the broader S&P 500 ETF was down 0.1%, suggesting the decline is largely company-specific.
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