Take Two Interactive (TTWO) Stock May Be Fully Priced As GTA VI Nears

Take-Two Interactive Software has seen its share price slip in recent months while anticipation builds around Grand Theft Auto VI, and that mix of excitement and recent weakness puts the focus squarely on whether the current valuation is supported by the cash the business can generate. With investors watching both the game release and the recent share price swings, the question is how well the present market value lines up with the company’s underlying cash flows. Over the past 3 years the...