Take-Two Interactive raises $1.0 billion through public offering, reports strong Q4 but delays GTA VI

From Yahoo Finance: 2025-05-21 16:20:00

Take-Two Interactive Software Inc. plans to raise $1.0 billion through a public offering of 4.75 million new shares at $225 per share. The company reported Q4 2025 net bookings of $1.58 billion, exceeding expectations. Analysts are optimistic, with Benchmark reiterating a Buy rating and raising the price target to $250. Grand Theft Auto VI release delay impacted FY 2026 guidance.



Read more at Yahoo Finance: Take-Two Interactive (TTWO) Raises $1.0 Billion in Equity