Why Take-Two Interactive Software Inc. Is Down Over 5%

Take-Two Interactive Software Inc. (Nasdaq: TTWO) is down over 5% as of 3:05 P.M. EDT following an article by Paul Tassi, a senior contributor to Forbes, which stated that the economy of Red Dead Online “seems broken to the point where it’s hard to know what Rockstar was thinking releasing it in this state,” and noting that the “earn rate for both types of currency is painfully slow,” which does not support the “ludicrous” pricing of items, such as weapons. If you’re not a gamer, then this may not make all that much sense to you, but what Mr. Tassi is saying is that it takes too long to earn the virtual currency that is used to purchase items in the online version of Red Dead Redemption, which negatively impacts the user experience because gamers don’t want to be forced to purchase things with their credit cards.