Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is a prominent player in the video game industry, known for its popular franchises like Grand Theft Auto and Borderlands. The company develops and publishes interactive entertainment for consumers worldwide. It competes with other major gaming companies such as Electronic Arts and Activision Blizzard. On March 3, 2025, Ascendiant maintained its "Buy" rating for TTWO stock, which was priced at $208.06 at the time.
Despite the positive rating from Ascendiant, TTWO's stock price has seen a slight decrease. Currently, the stock is priced at $208.05, reflecting a decrease of approximately 1.85% or $3.93. The stock has traded between $207.79 and $214.50 today, indicating some volatility in its price. Over the past year, TTWO has experienced a high of $218.75 and a low of $135.24, showcasing its fluctuating performance.
The company's market capitalization is approximately $36.72 billion, highlighting its significant presence in the gaming industry. With a trading volume of 1,736,454 shares on the NASDAQ exchange, TTWO remains an actively traded stock. However, the ongoing investigation by Levi & Korsinsky, LLP into potential data breaches on the Borderlands website could impact the company's reputation and financial standing.
The investigation suggests that legally protected data may have been unlawfully intercepted during transactions on the Borderlands platform. If Take-Two Interactive is found responsible for failing to secure this data, it could face legal and financial consequences. This situation could affect customer trust and potentially influence the company's stock performance in the future.
