Canada Markets close in 1 hr 32 mins

3 Reasons to Buy Take-Two Stock in 2022

·4 min read
3 Reasons to Buy Take-Two Stock in 2022
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Just when it seemed video game stocks were in a lull following the surge in growth during 2020, Take-Two Interactive (NASDAQ: TTWO) made waves with the announced acquisition of top mobile game maker Zynga (NASDAQ: ZNGA) for $12.7 billion. The deal is a reminder of the opportunities for top video game companies. The $175 billion video game industry is highly fragmented, where the combined revenue from Activision Blizzard (NASDAQ: ATVI), Take-Two, Zynga, and Electronic Arts (NASDAQ: EA) comprises only 12% of an industry that has grown for decades.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting