Morning News Wrap-Up 3/31/26: Today’s Biggest Stock Market Stories!
TipRanks (Tue, 31-Mar 1:43 PM ET)
Take-Two Stock (TTWO) Climbs on Reports of Massive GTA 6 Development Costs
TipRanks (Tue, 31-Mar 11:39 AM ET)
Reddit is the worst performing large-cap communication services stock YTD
Seeking Alpha News (Fri, 27-Mar 5:20 PM ET)
Market Chameleon (Fri, 6-Mar 4:37 AM ET)
Business Wire (Fri, 6-Mar 8:00 AM ET)
Business Wire (Wed, 18-Feb 11:00 AM ET)
Take-Two Interactive Software, Inc. Reports Results for Fiscal Third Quarter 2026
Business Wire (Tue, 3-Feb 4:05 PM ET)
Market Chameleon (Mon, 2-Feb 2:08 AM ET)
Business Wire (Fri, 30-Jan 1:34 PM ET)
Business Wire (Tue, 6-Jan 8:00 AM ET)
Take-Two is one of the largest global developers and publishers of video games, with labels including Rockstar, 2K, and Zynga. Grand Theft Auto is the firm's biggest franchise, accounting for about 30% of total sales for the past decade. NBA 2K is the industry's dominant basketball video game, with Take-Two releasing a new version annually. Other notable franchises include Red Dead Redemption, Borderlands, and Civilization. Typically, more than three-fourths of the firm's sales are from in-game spending, with the remainder coming from initial game sales. Since acquiring Zynga in 2022, mobile makes up about half of total sales.
Take-Two Interactive Software trades on the NASDAQ stock market under the symbol TTWO.
As of April 1, 2026, TTWO stock price climbed to $198.00 with 267,623 million shares trading.
TTWO has a beta of 0.83, meaning it tends to be less sensitive to market movements. TTWO has a correlation of 0.23 to the broad based SPY ETF.
TTWO has a market cap of $36.52 billion. This is considered a Large Cap stock.
Last quarter Take-Two Interactive Software reported $2 billion in Revenue and $1.23 earnings per share. This beat revenue expectation by $178 million and exceeded earnings estimates by $1.30.
In the last 3 years, TTWO traded as high as $264.79 and as low as $117.35.
The top ETF exchange traded funds that TTWO belongs to (by Net Assets): VTI, XLC, VOO, VO, QQQ.
TTWO has underperformed the market in the last year with a price return of -4.5% while the SPY ETF gained +18.8%. TTWO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -22.7% and -4.2%, respectively, while the SPY returned -3.4% and -1.8%, respectively.
TTWO support price is $193.46 and resistance is $201.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTWO shares will trade within this expected range on the day.