Take-Two Interactive Software Inc., has been actively participating in a series of financial maneuvers. The company has announced a proposal for a public offering of their common stocks. They have also announced a $1B public stock offering and plans to raise $1 billion through the stock offering. Several asset management groups have increased their stake in the firm, including the likes of Quantinno Capital, Tabor Asset Management, Point72 Asset Management, and Royal Bank of Canada among others. The company is reportedly focusing on acquisitions with the raised equity. Despite an earnings update where analysts have trimmed their forecasts and game delays, the stock continues to remain strong. The EPS did miss expectations for the full year 2025 earnings, however, Take-Two Interactive has reiterated their expectation to achieve sequential increases and record levels of Net Bookings for fiscal 2026 and 2027. The company's stock has seen a gap down to $229 and a sale reported to be oversubscribed. OR investment investigations are also underway. Take-Two Interactive also takes into the account their market potential and with 'Grand Theft Auto 6' on the line, has led to mixed Q4 earnings results.
Take-Two Interactive Software TTWO News Analytics from Mon, 10 Jan 2022 08:00:00 GMT to Sat, 24 May 2025 21:30:04 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
