On the NASDAQ stock exchange, there is a significant decrease in the value of securities of the popular video game GTA, Take-Two Interactive – on January 10, trading closed at $ 143.67, and the minimum share price reached $ 138.19.
The crash was attributed to the $ 12.7 billion purchase of mobile game developer Zynga by game company. Take-Two said in a press release that the deal could make it one of the leaders in mobile games. The merger was approved by the board of directors unanimously from both Zynga and Take-Two.