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.