Decline In Take Two Shares Is A Buying Opportunity Before Blockbuster 2013
By Chris Katje: Take Two Interactive (TTWO) saw its shares slide last week after announcing the delayed release of Bioshock Infinite. Shares slid back down to $12.61 by the end of Friday. The third video game in the popular Bioshock series will now be released in February of 2013, versus a prior announced October of 2012. The game is being delayed to change the storyline and make sure the game is 100% ready for a launch. The video game maker is no stranger to seeing its share price decline due to delayed game releases. The company, which is the maker of the Grand Theft Auto series, has delayed several games including: Red Dead Redemption, Grand Theft Auto IV, and L.A. Noire. Max Payne 3 will be released on Tuesday, May 15th. The game continues to sell well with pre-orders. On Amazon, the game is listed as number 3 (XBOX 360), and number 6Complete Story »
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