NEW YORK | 17 December 2010 10: 35 am EST
NEW YORK (Reuters) - shares of Take Two Interactive Software Inc. (TTWO.O) sudden 8.8% Friday after stronger than expected as investors pleased gains view.
Shares of manufacturer's video game is passed to $12.99 on Nasdaq.
Thursday, depictions society beyond expectations of the street as his playing sports "NBA 2 K 11" hit sales helped in time a year without a new version of its blockbuster franchise "Grand Theft Auto."
"Investors believe that their ability to pay is great and their stock is reflecting," says Wedbush Securities analyst Michael Pachter. Wedbush focused its target price of take-Two for $15 to $11.
This year marks the first time, the company has been profitable in close to a decade without the release of a new set of "Grand Theft Auto". … Take-Two stock exceeded those of its larger rivals to United States in 2010, but the sector volatile video game disabled many investors in recent years.
(Statement by Liana b. Baker, editing by Gerald e. McCormick)
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