Take-Two Interactive shares are trading higher after it was announced the company will be added to the Nasdaq-100 Index.
Portfolio Pulse from Benzinga Newsdesk
Take-Two Interactive (TTWO) shares are trading higher following the announcement that the company will be added to the Nasdaq-100 Index.
December 13, 2023 | 1:28 pm
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Take-Two Interactive's stock is experiencing an increase in value after the announcement of its inclusion in the Nasdaq-100 Index.
Being added to a major index like the Nasdaq-100 often results in increased demand for a stock, as index funds and ETFs that track the index are required to purchase shares. This typically leads to a short-term increase in the stock price due to the heightened buying pressure.
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