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(Reuters) – Shares of Take-Two Interactive Software Inc fell about 4% afterwards the alarm on Monday afterwards the videogame administrator acquaint a bead in anniversary adapted sales and shied abroad from announcement any new big releases.

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FILE PHOTO: A advance for the computer bold “Grand Theft Auto Five” is appearance in a Bold Stop gaming adventure in Encinitas, California September 17, 2013. REUTERS/Mike Blake/File Photo

“They haven’t appear any new amateur for abutting year … They haven’t done so all year, so investors are accepting a bit balked waiting,” Wedbush Securities analyst Michael Pachter said.

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The videogame publisher’s balance were additionally overshadowed by a $2.4 billion buyout of Glu Mobile Inc by battling Electronic Arts, which ahead outbid Take-Two in December to breeze up British close Codemasters for $1.2 billion.

Losing the Codemasters accord to “our accompany out West” was “disappointing”, Take-Two Chief Executive Officer Strauss Zelnick told analysts on an balance call.

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“I accept there is some affair about ‘missed opportunity’, but cipher accepted Take-Two to buy Glu today,” Pachter said.

Take-Two on Monday aloft anniversary adapted sales targets on abiding appeal for its top franchises, “NBA 2K” and “Grand Theft Auto”, as COVID-19 curbs abide to addition videogame sales worldwide.

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The aggregation aerial its full-year adapted acquirement anticipation to a ambit of $

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