5 Things to Know About Take-Two Interactive Stock
The video game industry generated an estimated $212 billion in 2023 and with a base of 3.2 billion players, this business is only expected to grow over the coming years. As for investing in the industry, one stock, Take-Two Interactive Software (NASDAQ: TTWO), has been on a tear over the past year with a 50% price appreciation.
The video game publisher has undergone a seismic change over the past couple of years and owns fan-favorite franchises like 2K, Grand Theft Auto, and Red Dead. With Take-Two's recent meteoric rise, prospective investors should know these five things before deciding whether to buy, sell, or hold.
There has been significant consolidation in the video game industry over the past couple of years, most notably with 's $69 billion acquisition of video game publisher Activision Blizzard and Take-Two's $13 billion acquisition of mobile game publisher Zynga.
Source Fool.com
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