Take-Two Interactive Software Shares Up 3.7% Premarket; Co To Join Nasdaq 100 Index
Portfolio Pulse from Charles Gross
Shares of Take-Two Interactive Software (TTWO) rose 3.7% in premarket trading as the company is set to join the Nasdaq 100 Index.
December 13, 2023 | 9:49 am
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Take-Two Interactive Software's stock price increased by 3.7% in premarket trading due to the announcement of its inclusion in the Nasdaq 100 Index.
Joining a major index like the Nasdaq 100 often leads to increased demand for a stock as index funds and ETFs that track the index are required to purchase the stock, potentially driving up its price in the short term.
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