Take Two: Volatility Extraordinaire After Game Delay, Q4 Report

Take Two Interactive Software Inc TTWO shares are trading higher by $3.30 (4.4 percent) at $72.35 in Tuesday's session. It has been a wild ride for shareholders since 4:00 p.m. ET Monday.

After the close, the company announced "Red Dead Redemption 2" will be delayed until spring 2018. That instigated a vicious sell-off in after-hours trading from its close of $69.04 down to $61.25. It drifted higher to the $67.00 area until it revealed a Q4 EPS beat of $0.11 along with a revenue beat of $52 million.

By the open, it was at $72.50 and bolted to $76.70 within minutes. Since reaching that elevated level, it has come back down through the open and has made an intraday low of $71.68 and is attempting to remain in the $72.00 handle.