Valued at $35.9 billion by market cap, Take-Two Interactive Software, Inc. (TTWO) is a leading global video-game holding company that develops, publishes, and markets interactive entertainment across console, PC, and mobile platforms. Founded in 1993 and headquartered in New York City, the firm operates primarily through its major publishing labels Rockstar Games, 2K, and Zynga, each managing internal studios and flagship franchises.
The video games giant has significantly underperformed the broader market over the past year. TTWO stock prices have tanked 8% over the past 52 weeks, compared to the S&P 500 Index’s ($SPX) 12.3% gains. On a YTD basis, the TTWO is down 22.2%, trailing $SPX’s marginal rise.
