The Covid-19 vaccine maker reported a net loss of more than $169 million for the third quarter, compared to a loss of $322 million in the same period last year.
Take-Two's slashed outlook comes as gaming is a fast cooling businesses after two years of elevated sales and engagement thanks to the Covid-19 pandemic.
Shares of Palantir fell Monday after the company released third-quarter earnings that slightly missed analyst estimates for earnings but beat on revenue.
DraftKings stock fell as much as 26% on Friday despite the sports betting company posting higher-than-expected revenue for its third-quarter earnings report.
Twilio is taking steps to be more efficient in its operations as it aims at adjusted operating profitability in 2023. Layoffs are a part of that effort.
Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street's top- and bottom-line expectations for the third quarter.