Should You Take a Position in Take-Two?
Filed under: Earnings Reports, Electronic Arts (ERTS), Activision Inc (ATVI), Take-Two Interactive (TTWO)
Take-Two Interactive (TTWO), a video-game publisher that competes with Activision Blizzard (ATVI) and Electronic Arts (ERTS), saw a huge increase in its share price during Thursday’s after-hours session. Can you believe the stock was bid to a quote of $10.04 — a 13% gain?
I myself was impressed. Whenever a psychological level is reached (in this case, above $10 per share), your mind takes notice. It may not be logical, of course, but that’s how it is.
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Should You Take a Position in Take-Two? originally appeared on BloggingStocks on Fri, 03 Sep 2010 09:00:00 EST. Please see our terms for use of feeds.
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