Take-Two Interactive Software Inc. shares surged in the extended session Wednesday, after the videogame publisher’s weak outlook appeared to confirm a timeline for the next iteration of its blockbuster “Grand Theft Auto” videogame franchise. Take-Two TTWO, +0.78% shares rallied 10% after hours, following a 0.8% gain to close the regular session at $125.02, for a…
Is the billion-dollar COVID-19 testing sales boom over? That’s what Abbott Laboratories ABT, -6.34% is predicting now as sales in its COVID-19 testing franchise have started to drop off and amid speculation about when SARS-CoV-2 will be endemic, meaning the virus is no longer as disruptive to the health system and to daily life. The…
When a McDonald’s worker has a beef with their boss, complaining to McDonald’s Corp. won’t help. When an employee at Google has a problem, they likely can’t seek out a Google manager — their manager usually works for a vendor hired by the tech giant. Large American companies have used the franchise model, like at…
Sports fans can have real skin in the game. While it is rare for sports franchises to be publicly traded entities, the concept is not entirely foreign. Take Manchester United MANU, -0.11%, for example, which has seen its shares rise recently as billionaires throw their hats in the ring to take over the iconic English…