SAN MATEO, Calif., October 03, 2023--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive Software (NASDAQ: TTWO), today announced that its studio, Socialpoint, launched Top Troops, a new mobile game that blends mobile strategy, RPG, and merge mechanics to create a thrilling medieval fantasy adventure of combat and conquest.
Take-Two Interactive Software (NASDAQ: TTWO) is one of the leading players in the video game industry. The interactive entertainment giant houses multiple top-tier development studios, and it also handles some game publishing and distribution duties for studios that aren't under its corporate umbrella. While Take-Two has a variety of successful franchises and development resources, there's no question that the company is best known for its Grand Theft Auto (GTA) franchise.
Shares of Take-Two Interactive (NASDAQ: TTWO) delivered outstanding returns to investors over the last decade following the blockbuster sales performance of Grand Theft Auto V, which was released in 2013. Investors can blame inconsistent revenue growth and lower earnings for the stock's sluggish performance. While management has several titles in development, smart investors know there is one game that can pull this level of sales in a single year, and that is Grand Theft Auto (GTA).