TAKE-TWO INTERACTIVE SOFTWARE (TTWO) Stocks
ABOUT TAKE-TWO INTERACTIVE SOFTWARE
📊 Take-Two Interactive Software, Inc. develops, markets and publishes interactive entertainment across the globe. The company owns popular labels named Rockstar Games, 2K, Social Point and its Private Division label. Rockstar games are popular for its Grand Theft Auto, Max Paine, Red Dead, L.A Noire and Midnight Club games.
📊 2K publishes titles across a variety of categories with development studios in The United States, China, the United Kingdom, Czech Republic and Canada. Social Point develops mobile games. The company’s Private Division label develops games and offers commercial support.
📊 Its portfolio includes hardware platforms in a range of action, casual, racing, role-playing, sports and adventure, strategy as well as shooter categories.
📊 Take-Two products are designed for personal computers, smartphones, tablets and consoles such as PlayStation and Xbox. It is delivered through digital downloads, physical retail, cloud streaming and online platforms.
📊 Take-Two Interactive Software, Inc.’s headquarters is located in New York City. The company has approximately 4 900 employees and it is an S&P 500 company.
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HISTORY OF TAKE-TWO INTERACTIVE SOFTWARE
- Take-Two Interactive Software is founded by Ryan Brant in September 1993. The company grows successful through full motion video games with popular live actor performances. Some of these games include Hell: A Cyberpunk Thriller with Dennis Hopper in 1994 as well as Ripper with Christopher Walker, Karen Allen, and Burgess Meredith in 1996.
- Theses achievement provides an opportunity for the company to enter a publishing agreement with Acclaim Entertainment and supplies products internationally. The company also secures a license with Sony Computer Entertainment to publish on its PlayStation consoles.
- In 1996 Take-Two buys Mission Studio and it announces its JetFighter III game.
- The company has its initial public offering in April 1997. With funds from its IPO, the company buys Alternative Reality Technology Studio, the European operations of GameTek. The transaction includes distribution rights to Dark Colony, Wheel of Fortune and Jeopardy games, as well as GameTek Canada which is later renamed to Rockstar Toronto.
- In 1998 Take-Two Interactive Software, Inc. purchases BMG Entertainment’s BMG Interactive for 1.85 million shares (an estimated price of $14.2 million). The same year the company purchases Jack of All Games for a price of $16.8 million.
- During the next few years the company invests in games such as Grand Theft Auto and expands its portfolio considerably. By 2003 its revenues exceeds $1 billion. Several acquisitions take place during the next few years and Take-Two buys game developers for a price totaling more than $80 million.
VISION & VALUES OF TAKE-TWO INTERACTIVE SOFTWARE
- Take-Two Interactive Software, Inc. values creativity and innovation. The company is on the lookout for new opportunities to create value to its shareholders. It follows a strict code of conduct and is committed to deliver a dignified and respectful environment at work.
- Wholesalers, retailers and distributors are free to set their own purchase price on products.
MARKET PERFORMANCE OF TAKE-TWO INTERACTIVE SOFTWARE
- Take-Two Interactive Software, Inc. trades on the New York Stock Exchange under the NYSE stock symbol “TTWO”.
- Analysis data for the company’s quarterly period ending June 30, 2019 reports total assets of $4,366,222 thousand. Net income is $46,280 thousand and gross profit is $298,990 thousand.
- Total operating expenses for the reported period are $247,260 thousand. Cash, cash equivalents, and restricted cash at the end of the period are $1,611,995 thousand.
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LATEST NEWS TAKE-TWO INTERACTIVE SOFTWARE
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy TAKE-TWO INTERACTIVE SOFTWARE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN TAKE-TWO INTERACTIVE SOFTWARE STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE TAKE-TWO INTERACTIVE SOFTWARE STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of TAKE-TWO INTERACTIVE SOFTWARE stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy TAKE-TWO INTERACTIVE SOFTWARE stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?
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