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Why Take-Two Stock Was Falling Earlier Thursday

Why Take-Two Stock Was Falling Earlier Thursday

Shares of Take-Two Interactive (NASDAQ: TTWO) were down 2% as of 11:17 a.m. ET on Thursday. While the negative sentiment in the broader market weighed on stocks today, Take-Two's Zynga mobile game subsidiary scooped up another studio to add to its ranks. Take-Two stock has sold off in recent weeks on fears that the slowing mobile market might hurt its business following the acquisition of Zynga earlier this year.