Take-Two drops nearly 10% on quarterly adjusted revenue miss
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(Reuters) - Take-Two Interactive Software Inc fell nearly 10% after the bell on Thursday, as the videogame publisher missed estimates for quarterly adjusted revenue amid competition from big-budget titles from rivals Activision Blizzard and Electronic Arts .The company narrowed its full-year forecast range to $2.80 million (£2.17 million) to $2.85 billion from $2.75 million to $2.85 billion, the midpoint of which is below analysts' average estimate of $2.85 billion.Activision reported..