Why Did Take-Two Stock Move? Trefis Team Wed, November 11, 2026 at 11:05 AM EST 3 min read TTWO +4.57% ^GSPC +1.30% MSFT -2.62% RBLX +2.87% AMZN -1.51% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
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Take-Two Interactive Software (TTWO) shares rose 8.3% on Tuesday, November 10, 2026, while the S&P 500 fell 0.4%. The gain followed the company's November 9 release of its fiscal second-quarter 2027 results, when net bookings of $1.6 billion came in below its own guidance of $1.62 billion to $1.67 billion. So why did the shares jump the day after a quarter that fell short of the company's own forecast?
Take-Two Held Its Forecast With GTA VI Days Away
The shares rose because the company kept its forecast for the year, and its chief executive said preorders for Grand Theft Auto VI, which launches on November 19, had reached unprecedented levels. Management reiterated its fiscal 2027 net bookings outlook of $8 billion to $8.2 billion. Management said its forecast for recurrent consumer spending assumes strong growth for the Grand Theft Auto series, largely from sales of Grand Theft Auto VI: Ultimate Edition, which includes add-on content.
The quarter itself yielded mixed results. Revenue totaled $1.5 billion, and the GAAP net loss narrowed to $0.29 per share from $0.73 a year earlier. Management said NBA 2K27 launched successfully but sold below its forecast for the period.
The quarter that matters for the game is the next one. For the fiscal third quarter, when Grand Theft Auto VI goes on sale, the company guided net bookings of $3.35 billion to $3.5 billion, compared with $1.76 billion a year earlier. Speaking on the November 9 call, when asked why the forecast did not include the preorder strength, management said it tends to avoid claiming success before it occurs and saw no need to update its numbers yet.
Did Take-Two Rise With Similar Stocks That Day?
Take-Two rose largely on its own. The S&P 500 fell on a day when a hot October inflation report rattled markets, and the SPDR fund for the Communication Services sector (XLC) gained 0.4%. Three of the four companies on the Trefis peer list for Take-Two fell, among them NVIDIA, down 5.5%. Amazon.com was the only one to rise, by 1.5%.
Where Does Take-Two Stock Stand After The Jump?
No session in the prior 365 days saw a move this large in either direction. The closest was a 7.9% fall on January 30, 2026. Over the month to November 10, the stock gained 7.6%, against a 3.6% fall for the S&P 500, a gain that includes this jump and a 7.1% rise on November 4.
The longer view is weaker. Over twelve months you would still be down 3.2% on the stock, against a 13.1% gain for the S&P 500. The stock closed at $224.64 on November 10, below its 52-week closing high of $258.41, set on July 6, 2026, and above its low of $189.69 from March 27.
Take-Two is expected to report its fiscal third quarter of 2027 in February 2027. It is the first reporting period with Grand Theft Auto VI on sale, and net bookings for that quarter are the figure to watch.
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