Videogame stocks like Take-Two are a 'safe haven' amid threat of economic downturn: BMO [MarketWatch]
Take-Two Interactive Software, Inc. (TTWO)
Last take-two interactive software, inc. earnings: 2/6 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.take2games.com
Company Research
Source: MarketWatch
Videogame stocks like Take-Two are a 'safe haven' amid threat of economic downturn: BMO BMO Capital Markets analyst Gerrick Johnson ended his bearish call on Take-Two Interactive Software Inc. TTWO, -0.07% shares on Tuesday, upgrading the stock to market perform from underperform based on an economic arguments. "As investors grow more fearful of an economic downturn, we think valuation multiples of video game companies could expand, as the video game industry is quite defensive," Johnson said. "Interactive entertainment is one of the most inexpensive forms of entertainment as measured by cost divided by time consumed." He expects that if an economic downturn were to occur, consumers who lose their jobs or who are worried about losing their jobs might choose to play more videogames rather than spend money on costlier forms of education. Take-Two shares have risen 2.9% so far this year, as Electronic Arts Inc. EA, -0.72% shares have risen 16% and Activision Blizzard Inc. ATVI, +0
Show less
Read more
Impact Snapshot
Event Time:
TTWO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTWO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTWO alerts
High impacting Take-Two Interactive Software, Inc. news events
Weekly update
A roundup of the hottest topics
TTWO
News
- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) had its price target raised by analysts at JPMorgan Chase & Co. from $195.00 to $225.00. They now have an "overweight" rating on the stock.MarketBeat
- Is Take-Two Interactive Software (NASDAQ:TTWO) Using Too Much Debt? [Yahoo! Finance]Yahoo! Finance
- Take-Two's Shares Rise 18% YTD: How Should Investors Play the Stock? [Yahoo! Finance]Yahoo! Finance
- The Game Awards 2024 Live Winners List, And Game Of The Year [Forbes]Forbes
- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) had its price target raised by analysts at Citigroup Inc. from $200.00 to $225.00. They now have a "buy" rating on the stock.MarketBeat
TTWO
Earnings
- 11/6/24 - Miss
TTWO
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- 12/3/24 - Form 144
- TTWO's page on the SEC website