Shares of Take-Two Interactive Software, Inc. TTWO plummeted during Friday’s trading session following the release of third-quarter results.
The company reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. Take-Two also revised its 2024 net bookings forecast to the range of $5.25 billion to $5.3 billion, a downward revision from the previous range of $5.45 billion to $5.55 billion.
In response, Take-Two Interactive Software shares declined 8.8% to $154.69 on Friday.
Below are the other stocks that made significant moves in Friday’s mid-day session.
Market Gainers
- Sunworks, Inc. SUNW shares surged 267% to $0.1990. Sunworks and three subsidiaries recently ceased operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
- TOP Financial Group Limited TOP gained 87.55% to $6.13.
- NanoString Technologies, Inc. NSTG shares climbed 66% to $0.1932 after the company completed financing to support restructuring.
- Intelligent Bio Solutions Inc. INBS jumped 47.3% to $4.24 following second-quarter results.
- TC Biopharm (Holdings) Plc TCBP shares climbed 46% to $1.6099 after a 16% surge on Thursday.
- Intelligent Living Application Group Inc. ILAG gained 45.5% to $0.6851 after a 24% surge on Thursday.
- Green Giant Inc. GGE shares rose 44.4% to $0.0535 after a 25% gain on Thursday.
- Better Choice Company Inc. BTTR gained 35% to $0.2379 following an acquisition of Aimia Pet Healthco.
- Masonite International Corporation DOOR surged 34.5% to $129.99 after an announced acquisition by Owens Corning for $3.9 billion.
- Cloudflare, Inc. NET rose 23.5% to $111.49 after reporting better-than-expected fourth-quarter financial results and issuing first-quarter guidance.
- CleanSpark, Inc. CLSK shares gained 22% to $12.81 after reporting a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.
- Centessa Pharmaceuticals plc CNTA climbed 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.
- IGM Biosciences, Inc. IGMS gained 19.2% to $15.44.
- Streamline Health Solutions, Inc. STRM rose 18.8% to $0.4814.
Market Losers
- Synlogic, Inc. SYBX fell 53.3% to $1.61 after announcing the discontinuation of Synpheny-3, ceasing operations, and reducing its workforce by more than 90%.
- The Children’s Place, Inc. PLCE shares fell 52.7% to $9.34 after revising its fourth-quarter net sales guidance downward.
- BioXcel Therapeutics, Inc.
Stock Market Plunge: Heavy Losses for Several Major Companies
A Bad Day for Investors
- BTAI fell 33.7% to $2.4882 after the company announced a proposed public offering.
- Jin Medical International Ltd. ZJYL declined 33.5% to $8.62.
- EMCORE Corporation EMKR fell 32% to $0.4275 after posting weak quarterly results.
- MicroAlgo Inc. MLGO declined 31% to $0.7172.
- Renalytix Plc RNLX shares fell 30% to $0.3791 after climbing over 96% on Thursday.
- Lantronix, Inc. LTRX fell 28.8% to $4.1350 following weak sales.
- MicroCloud Hologram Inc. HOLO shares declined 27.4% to $20.81 after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
- eGain Corporation EGAN fell 24.4% to $5.77 following second-quarter results.
- AMC Networks Inc. AMCX declined 19.1% to $13.78 following weak earnings.
- Virco Mfg. Corporation VIRC dipped 18.6% to $9.48.
- Expedia Group, Inc. EXPE declined 17.6% to $131.38 after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.
- Adlai Nortye Ltd. ANL fell 12.3% to $7.50.
- Newell Brands Inc. NWL declined 11.8% to $7.45 following quarterly results.
- Pinterest, Inc. PINS shares declined 11.4% to $36.07. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.
- BILL Holdings, Inc. BILL fell 11% to $67.40 following quarterly results.
- Affirm Holdings, Inc. AFRM shares fell 10.6% to $43.98 after the company reported second-quarter financial results.
- IBEX Limited IBEX fell 10.2% to $15.61.
- Sensient Technologies Corporation SXT fell 9.6% to $56.62 following weak earnings.
- Owens Corning OC fell 6.9% to $148.43 after the company announced an agreement to acquire Masonite for $3.9 billion.
- Magna International Inc. MGA declined 6.5% to $54.89 after the company reported mixed quarterly results.
- Illumina, Inc. ILMN shares declined 2.7% to $139.45 following fourth-quarter results.