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Take-Two Interactive (TTWO) Stock Closed Down Ahead of Q4 Earnings

NEW YORK (TheStreet) -- Take-Two Interactive Software (TTWO) stock closed lower by 0.19% to $36.89 on heavy trading volume on Monday before the video game developer and publisher reports its fiscal 2016 fourth quarter financial results after the market close on Wednesday.

The New York City-based maker of Grand Theft Auto could report a steep decline in earnings per share and revenue since the quarter faces difficult year-over-year comparisons, according to MKM Partners.

Wall Street is anticipating earnings of 26 cents per share on revenue of $305.95 million for the latest quarter, compared with earnings of 49 cents per share on revenue of $427.74 million...