SHAREWATCH: Take Two stock nosedives

Take Two’s share price has plummeted on the news that EA is no longer interested in buying the Rockstar parent.

The firm’s stock price has nosedived by 26.86 per cent to $16.02 on the NASDAQ today in the wake of the news.

EA announced on Sunday that it had terminated talks with Take-Two, and decided not to make a proposal for an acquisition.

About MCV Staff

Check Also

ent [Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

[Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era.  Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser