Global Stock News

Is TTWO Ready for Launch?

Is TTWO Ready for Launch?

TradingKey – On Thursday, Take-Two Interactive (NASDAQ: TTWO) stock closed trading at $233.00. The stock traded around $239 overnight, and this was most likely driven by the 27-minute Grand Theft Auto VI preview on Netflix. This allowed Take-Two to move forward from the leak that had clouded the run-up to Take-Two’s November launch for GTA VI. The game is one of their main revenue drivers for fiscal 2027, which Take-Two is aiming for a net bookings range of $8B to $8.2B. Take-Two shouldn’t have high expectations for the stock, as the bookings range from the game should be looked at as an additional revenue booster rather than a main source of income.

GTA VI Reveal Helps Reset the Narrative After the Leak

The past two weeks were eventful…

Source link

Share this article

Scroll to Top