Video game companies lead modest slide in US stocks
https://apnews.com/cc6ae2da009f4dbea60f8dff8bf0bbdc
A mixed bag of corporate earnings pulled stocks modestly lower in late-afternoon trading Wednesday, placing the market on track to snap a five-day winning streak.
Video game makers were the biggest losers. Take-Two Interactive and Electronic Arts plunged after releasing weak forecasts, citing tougher competition. A broad slide in homebuilder shares also weighed on the market.
Video game companies lead modest slide in US stocks
Feb 6, 2019, 9:25pm UTC
https://apnews.com/cc6ae2da009f4dbea60f8dff8bf0bbdc
> A mixed bag of corporate earnings pulled stocks modestly lower in late-afternoon trading Wednesday, placing the market on track to snap a five-day winning streak.
> Video game makers were the biggest losers. Take-Two Interactive and Electronic Arts plunged after releasing weak forecasts, citing tougher competition. A broad slide in homebuilder shares also weighed on the market.