TTWO Jan 2026 115.000 put
| Previous Close | 5.37 |
| Open | 5.42 |
| Bid | 4.90 |
| Ask | 6.15 |
| Strike | 115.00 |
| Expire Date | 2026-01-16 |
| Day's Range | 5.17 - 5.43 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 22 |
- Yahoo Finance Video
More layoffs hit the video game industry: Analyst explains why
Microsoft (MSFT) is cutting about 650 employees from its Xbox gaming unit. It's the latest in a string of layoffs that have impacted the video game industry. Wedbush Securities Managing Director, Equity Research Michael Pachter points out that in Microsoft's case, these jobs are redundant, stemming from its acquisition of Activision Blizzard last year. As for the broader industry, he said hiring increased during the pandemic when people were at home playing video games. Now, these companies are "right-sizing," though Pachter thinks they may be cutting too many jobs. Pachter also points to a broader shift in the industry, away from one where people buy the game once at a high price to one where there are in-game purchases. As a result, game makers don't need to make as many games to gain revenue and customers are playing existing titles for longer. Watch the video above to hear what Pachter thinks of Sony's (SONY) new PlayStation 5 Pro and why Take-Two Interactive (TTWO) "has a lot of momentum." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich.
BloombergGrand Theft Auto VI Competition Fears See Ubisoft Bull Backtrack
(Bloomberg) -- The prospect of a year stacked with new game releases, including Take-Two Interactive Software Inc.’s long-awaited Grand Theft Auto VI, has caused a bull of Ubisoft Entertainment SA to end their positive call.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC Berkeley Gives
Business WireTake-Two Interactive to Host Webcast of 2024 Annual Meeting of Stockholders
NEW YORK, September 11, 2024--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that the Company will host a webcast of its 2024 Annual Meeting of Stockholders which is being held as a virtual, audio-only meeting hosted online at http://www.virtualshareholdermeeting.com/TTWO2024 on Wednesday, September 18, 2024 at 9:00 a.m. Eastern Time.
