XYZ Sinks 20%, RDDT Sells on Strong Earnings, TTWO Down on GTA VI Delay

Diane King Hall turns to interesting market movers kicking off Friday's trading session. The biggest downside was seen in Block (XYZ), shedding more than 20% after a double miss and shaky guidance due to macro uncertainties. Diane says she's "trying to make sense of what happened" with Reddit's (RDDT) earnings, as the company sold off despite its beat and strong guidance. Exxon Mobil (XOM) posted a profit dip amid crude oil pricing volatility. Diane then turns to Take-Two Interactive (TTWO), which sold off after delaying Grand Theft Auto VI's release date.

Morning Trade Live

02 May 2025

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