From Financial Modeling Prep: 2025-06-18 18:00:00

Take-Two Interactive Software, Inc. is a prominent player in the video game industry, known for titles like Grand Theft Auto and NBA 2K. However, the company is now under investigation by Pomerantz LLP for potential securities fraud or unlawful practices, following a stock drop of 6.66% due to the delay of Grand Theft Auto VI.

Ellen F. Siminoff, a director at Take-Two, sold 268 shares of the company’s stock at $230.95 each, reducing her holdings to 4,696 shares. The stock price recovered to $239 post-sale, showing a 0.62% increase. Take-Two’s stock has experienced volatility, with a trading range between $235.67 and $241.82, amid fluctuations over the past year.

Despite recent challenges, Take-Two’s market capitalization remains around $42.4 billion, highlighting its significant position in the gaming sector. The company continues to attract investor interest, with strong trading volume on the NASDAQ, indicating ongoing confidence in Take-Two’s future prospects.



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