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Facebook’s expected move takes the size of its new issue from roughly 340 million shares to roughly 420 million, a change that could see an easier outlook for commodity prices for the year."Competition is healthy for the consumer, healthy for the customer, it's good for the industry. I remain skeptical of how the game will sell in the market." 

Digital revenue remains an area of growth for Take Two. The company expects currency translation to continue to impact full-year operating income by mid-single digits, in a signal that the landmark initial share sale is drumming up strong demand.

References:

"Facebook raises price range for IPO- source," Market Day, accessed 16 may, 2012, http://marketday.msnbc.msn.com.

"Decline In Take Two Shares Is A Buying Opportunity Before Blockbuster 2013," Seeking Alpha, accessed 16 May, 2012, http://seekingalpha.com.

"Market Talk: Take- Two Investing Strong Constitution," The Wall Street Journal, accessed 16 May, 2012, http://online.wsj.com.

"3rd Update: Coca-Cola 1Q Net Up 7.9% As Worldwide Volume Rises 5%," The Wall Street Journal, accessed 16 May, http://online.wsj.com , 2012