The average brokerage recommendation (ABR) for Take-Two (TTWO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
NEW YORK, June 12, 2024--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the "Company" or "Take-Two") today announced the pricing of an underwritten public secondary offering of 2,830,084 shares of its outstanding common stock held by Embracer Group AB (the "Selling Shareholder") at a price to the public of $154.50 per share, which were issued to the Selling Shareholder on June 11, 2024 in connection with the closing of the Company’s acquisition of The Gearbox Entertainment Company, Inc. The
NEW YORK, June 12, 2024--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the "Company" or "Take-Two") today announced an underwritten public secondary offering of 2,830,084 shares of its outstanding common stock held by Embracer Group AB (the "Selling Shareholder"), which were issued to the Selling Shareholder on June 11, 2024 in connection with the closing of the Company’s acquisition of The Gearbox Entertainment Company, Inc.