Investor Snapshot: Take-Two still on the move

Take-Two Interactive (TTWO) continued to ride high on Monday, its shares gaining $1.18 to close at $40.71, its highest closing price ever. Despite some high-profile negative press, Take-Two has garnered investor interest following its quarterly earnings report last Thursday.

According to The Motley Fool, Take-Two's shares are discounted compared to Electronic Arts (ERTS)--and also compared to Activision (ATVI) and THQ Inc. (THQI). That report said that Take-Two's stock will remain volatile until the company can bank serious profits on something other than Grand Theft Auto, which echoes comments last week from Mike Wallace, an analyst with UBS.

Speaking of EA, the company's stock rose $1.26 on Monday, closing at $69.01. Activision (ATVI) shares traded 44 cents higher at $23.54 at the closing bell, while shares in Vivendi Universal (V) climbed 36 cents to $32.12. Atari (ATAR) shares were up 27 cents to $3.15, an increase of nearly 9.4 percent. Shares in Jamdat Mobile (JMDT) closed at $18.59, 15 cents higher, while GameStop (GME) shares were up 12 cents at $20.81.

Shares in Eidos (EIDSY) and Midway (MWY) traded pennies higher Monday, while Konami (KNM) and THQ Inc. (THQI) shares were slightly lower. Electronics Boutique (ELBO) shares dipped 27 cents, closing at $39.82.

Overseas, Nintendo share prices remained unchanged Monday on the Tokyo exchange, while Ubisoft shares, traded in Paris, rose .23 euros (30 cents) to close at 32.50 ($42.95).

On the broader markets, the Nasdaq Composite Index was the big winner, advancing 19.60 points to close at 2,090.21. The Dow Jones Industrial Average lost 3.69 points, closing at 10,936.86, while the S&P 500 closed 3.19 points higher at 1,225.91. According to analysts interviewed by Marketwatch, the tech sector, represented on the Nasdaq, has been underperforming and overlooked, providing some bargains for investors. Qualcomm Inc. (QCOM) shares rose 5.3 percent on the Nasdaq today, while tech giants Intel, Hewlett-Packard, and Microsoft all traded higher on the Dow Jones Industrials.