Take-Two Interactive Software (TTWO) has had an active recent period, beating Q1 earnings and revenue estimates and issuing positive forecasts for fiscal years 2026 and 2027. They announced a proposed public offering of common stock, subsequently pricing this offering and raising $1 billion in equity. Results from the first quarter of 2026 are now available, highlighting a revenue increase of 12% and a net loss narrowing by 96% signifying strong net bookings. Despite this, the share position of TTWO was lessened by Tabor Asset Management and sold by US Bancorp DE. However, new positions were bought by Empower Advisory Group, Equitable Trust Co., and Apollon Wealth Management. TTWO shares rose amidst consumer inflation report digestion. Zynga Poker launched on Steam, expanding their gaming portfolio. TTWO's Q1 2026 earnings report confirmed GTA 6 release for May 2026. TTWO is claimed to burn cash and issue shares, pinning expectations on GTA VI's success. There are speculations surrounding the sale of its $18m worth stock by insiders and the dip in its share amidst market uptick.
Take-Two Interactive Software TTWO News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 16 Aug 2025 06:57:18 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -5
