<< Read Full Article

Take-Two's Bad Call

Stock quotes in this article: TTWO , ATVI , ERTS  

Video-game publisher Take-Two(TTWO Quote) is wedged between a rock and a hard place.

Take-Two has long faced criticism for its inability to produce a string of hits and its excessive dependence on a single, best-selling game series, Grand Theft Auto. Not surprisingly, the company's new management indicated that it will strengthen its unprofitable sports division, 2K Sports.

This sounds like a reasonable plan: Sports games have a strong fan base, and Take-Two has been working on building up the division as part of its diversification plan. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,294.05 1,093.87 2,179.88 33.80
Oil *
75.42
DOWN
96.06
DOWN
9.38
DOWN
9.73
DOWN
0.68
10 Yr
3.38%
SPDR Gold
112.67
-0.92%
-0.85%
-0.44%
-1.97%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services