Take-Two Interactive Software, Inc.’s stock price drops to $146.14, a 4.15% decrease: Is it time to buy or sell?

Take-Two Interactive Software, Inc. (TTWO)

146.14 USD -6.32 (-4.15%) Volume: 3.76M

Take-Two Interactive Software, Inc.’s stock price stands at 146.14 USD, experiencing a decline of -4.15% in the latest trading session with a trading volume of 3.76M, contributing to a YTD performance decrease of -9.20%, indicating potential investment opportunities.

Latest developments on Take-Two Interactive Software, Inc.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been in the limelight due to significant stock price movements. The week saw a mix of rises and falls, underperforming and outperforming the market on different days. Wellington Management Group LLP raised its holdings, acquiring 41297 shares, demonstrating confidence in the company’s value. However, fears over a potential delay in the release of the much-anticipated Grand Theft Auto 6 game, possibly pushed to 2026, led to a drop in stock price. Regardless, Rheos Capital Works Inc. also purchased shares, suggesting continued investor interest.

Take-Two Interactive Software, Inc. on Smartkarma

Take Two Interactive Software, Inc. has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to a recent report by Baptista Research, the company posted strong results for Q3 FY2024, driven by the success of popular titles such as Grand Theft Auto V and Red Dead Redemption. The report also highlights the positive impact of the company’s acquisition of Zynga, with net bookings reaching $1.3 billion for the quarter. Another report by Baptista Research discusses the future growth drivers for Take Two Interactive Software, Inc., including the continued success of Grand Theft Auto V and Grand Theft Auto Online. The report also notes the successful launch of titles like Red Dead Redemption 2 and NBA 2K24. Additionally, a report by Baptista Research highlights the strong performance of Take Two Interactive Software’s games, such as Grand Theft Auto Online, Grand Theft Auto V, and NBA 2K23, which contributed to the company’s billion-dollar bookings. The launch of new content for Grand Theft Auto Online, including new missions and vehicles, has also been a major driver for the company’s success.

A look at Take-Two Interactive Software, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Take-Two Interactive Software, Inc is a leading developer and publisher of interactive entertainment software games and accessories. The company has a strong outlook for the long-term, as indicated by its Smartkarma Smart Scores. With a value score of 4, Take-Two is considered a well-priced investment option. However, it may not be the best choice for those seeking dividends, as it scores only a 1 in that category. In terms of growth, the company scores a 2, showing potential for expansion and development in the future. Its resilience score of 2 suggests that the company is stable and able to weather potential challenges. Finally, with a momentum score of 3, Take-Two has shown positive performance in recent months. Overall, Take-Two Interactive Software, Inc is a promising company with a solid outlook for the future.

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