5 posts and columns on Take Two

Take-Two: The Stock Is Way Too Cheap, Wedbush Says

in News on March 6, 2009 at 11:02 am PT

Take-Two Interactive shares came roaring out of the box this morning, after Wedbush Morgan analyst Michael Pachter upped his rating on the videogame publisher to Buy from Hold, while maintaining his $10 price target.

EA Extends Bid for Take-Two, Which Again Says "No"

in News on June 17, 2008 at 8:46 am PT

Electronic Arts (ERTS) this morning extended its offer for Take-Two Interactive (TTWO) to July 18. EA continues to offer $25.74 a share in cash. Take-Two issued a statement today in which it once again rejected the Electronic Arts bid. “The latest extension of EA’s unsolicited, highly conditional tender offer does not alter the fact that their proposal still significantly undervalues Take-Two,”

Video Game Software Sales Up 41% In May, NPD Says

in News on June 13, 2008 at 9:21 am PT

The latest data on video game software sales from market research firm NPD shows continued robust demand. In May, video game software sales rose 41% on a year-over-year basis. Pacific Crest’s Evan Wilson, in his review of the data, noted that console hardware sales saw little benefit from the launch of Take-Two’s (TTWO) Grand Theft Auto IV.