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Sex Scene Shelves Take-Two's 'Grand Theft'

Stock quotes in this article: TTWO  

Updated from 6:04 p.m. EDT

Take-Two Interactive (TTWO Quote) is ceasing production of the latest version of its popular Grand Theft Auto game following public outcry about a software hack that allows players to see racy sex scenes.

The video-game software publisher is setting up a reserve fund to cover the value of copies of the game still in its inventory. As a result, Take-Two is slashing its outlook for its fiscal third quarter and its full fiscal year.

Investors frowned on the news, sending the company's stock down nearly 7% in after-hours trading. ...

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