Tag Archives: ttwo

Take-Two Interactive Games Pipeline Unclear: Analysts

A few Take-Two Interactive Software (TTWO) analysts are getting worried about what they see as a lack of clarity on upcoming games following record sales of blockbuster title “Grand Theft Auto 5.” Take-Two has “not been forthcoming” with details about its fiscal 2015 release schedule, which seems to mean that the company “just doesn’t have another major announcement to make,” according Pacific Crest analyst Evan Wilson, who rates the stock as

Game Developer Stocks Fall On Amazon Report

Shares of game developers Electronic Arts (EA) and Take-Two Interactive Software (TTWO) fell in the stock market today following a Reuters story picked up by the New York Post late Tuesday that said Amazon.com (AMZN) is courting game developers for its Fire TV set-top box. Electronic Arts fell 2%, to 28.11, while Take-Two tumbled nearly 4%, to 20.35. Amazon stock rose 1.5%. Electronic Arts, however, was up more than 2% in after-hours trading

Hedge fund guru thinks ‘Grand Theft Auto’ maker is a steal

Take-Two Interactive Software (TTWO), maker of the wildly popular “Grand Theft Auto” video game series, is trading at a more than five-year high on news that prominent hedge fund investor David Einhorn has bought a stake in the company. Take-Two was up nearly 1%, near 22, in afternoon trading on the stock market today. On Tuesday, the stock hit 22.41, its highest level since September 2008. In the fourth quarter, Einhorn’s value stock-oriented