Take-Two Interactive, the publisher of popular video games like ‘Grand Theft Auto’, experienced a slight gain in the latest trading session. However, its recent performance has lagged behind the broader market and its sector. Analysts are focusing on the company’s upcoming earnings report, which is expected to show a decline in earnings but an increase in revenue. The stock’s valuation metrics suggest a premium compared to its industry peers.
Results for: TTWO
Take-Two Interactive, the parent company of 2K and Gearbox Software, announced the highly anticipated release of Borderlands 4, set for 2025. The news sent TTWO shares surging, reflecting the franchise’s immense popularity and the potential for significant revenue growth for the company.