Take-Two, GAMR’s fifth-largest holding, is struggling this month.
“Take-Two stock just breached its year-to-date breakeven level, and has dropped more than 14% so far in November,” reports Schaeffer’s. “The equity fell earlier this month after the company reported fiscal second-quarter earnings, and is now staring up at its 200-day moving average. Further, TTWO shares have entered bear-market territory, down more than 20% since their mid-October record high of $139.90.”
Activision Blizzard hit a 52-week low earlier this month and resides about 40% below its 52-week high.
For more news on technology ETFs, visit our tech category.