|Bid||120.99 x 1100|
|Ask||121.03 x 900|
|Day's Range||114.25 - 122.47|
|52 Week Range||101.85 - 195.83|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||33.69|
|Earnings Date||Aug 01, 2022 - Aug 05, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||178.05|
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NEW YORK, May 23, 2022--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) ("Take-Two" or the "Company") announced today the completion of its combination with Zynga Inc. ("Zynga"). Under the terms of the merger agreement, Zynga stockholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock.
Take-Two Interactive (NASDAQ: TTWO) shareholders leveled up against the market this week. Take-Two executives announced on Monday that sales rose 11% for the first-quarter selling period that ended in late March, amid robust demand for digital entertainment. The delay of one or more of those titled could pressure Take-Two's sales in 2022, as they have for rival Activision Blizzard.
The video game company is expecting revenue and profits to inflect higher within the next two to three years.