Take-Two to join Nasdaq 100, shares up 3% at the US open

Take-Two Interactive shares surged following the announcement by Nasdaq that the video game developer's stock will take the place of cancer pharmaceutical Seagen on its tech-heavy Nasdaq 100 index.

The adjustment was "a result," according to a statement issued by Nasdaq on Tuesday, of Pfizer's announcement that it will conclude its $43 billion acquisition of Seagen later this week. On December 18, the change will go into effect, Nasdaq continued.

Days after its Rockstar Games company unveiled the highly anticipated first trailer for the newest entry in the enormously successful "Grand Theft Auto" franchise, Take-Two made its debut on the Nasdaq 100.

"Grand Theft Auto VI" teaser video, which Rockstar shared on social media and had over 30 million views in only a few hours, said the game was "coming 2025."

(Sources: investing.com, reuters.com)