Why Take-Two's Stock Is Trading Higher Today

Take-Two Interactive Software TTWO shares are trading higher after the company's 2K announced a partnership with the NFL allowing the label to feature current NFL players, numbers and images in games. The company said multiple football games are in development and set to launch starting in 2021.

The company is the publisher of the popular NBA 2K series and its current game lineup doesn’t include an NFL game. This partnership will allow it to become a direct competitor to Electronic Art’s EA Madden NFL.

Found in 1993, Take-Two consists of two wholly-owned labels, Rockstar Games and 2K. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. 

Take-Two was trading 1.67% higher at $162.22 at the time of publication on Friday. The stock has a 52-week high of $164 and a 52-week low of $100.

Loading...
Loading...
TTWO Logo
TTWOTake-Two Interactive Software Inc
$230.18-1.42%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
89.07
Growth
10.77
Quality
Not Available
Value
19.19
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...