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Take-Two Warns on Game Delay

Stock quotes in this article: TTWO , ATVI , ERTS , SNE  

The bad news continues to flow for video-game publisher Take-Two (TTWO Quote).

Take-Two said it has pushed back the release of its much-anticipated Grand Theft Auto IV game from fourth quarter this year to fiscal 2008, in a move that will affect the company's guidance for the current fiscal year.

Disappointed investors sent shares of Take-Two down $2.41, or 14.3%, to $14.50 in recent after-hours trading. ...

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