Take-Two Stock Is Up 34%: Is It Too Late to Buy?
After sliding last year with the market sell-off, Take-Two Interactive (NASDAQ: TTWO) has rebounded 34% so far in 2023. Since launching Grand Theft Auto V in September 2013, the stock has soared 674%, significantly beating the S&P 500 index over that decade. Take-Two expects to deliver a record $8 billion in bookings (a non-GAAP measure of revenue) and $1 billion in adjusted unrestricted operating cash flow.