Valued at a market cap of $27.2 billion, Take-Two Interactive Software, Inc. (TTWO) develops and markets video games, including the famous Grand Theft Auto series. The New York-based company earns revenues from the sale of disk-based video game products, downloadable content, subscriptions, micro-transactions, and advertising.
Shares of this video game maker have underperformed the broader market over the past 52 weeks. TTWO has gained 10.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied almost 27%. In 2024, shares of TTWO declined marginally, compared to SPX’s 16.8% gain on a YTD basis.
