Hours after officially announcing the upcoming Grand Theft Auto game set to launch in December, the mind-blowing news has not only boosted excitement at Rockstar Games but has also positively affected its parent company, leading to a significant rise in Take-Two’s stock.
Take2’s stock Has Witnessed Rapid Growth Following The Recent Announcement
The big news about the next GTA game on November 8th caused a lot of excitement on social media. At the same time, Take-Two’s stock went up significantly, hitting its highest price at $149.02 in the last 5 days.
On November 7th, Take-Two’s stock was steady at around $135, and it only slightly increased to $136 on November 8th.
However, the real surge happened quickly after Bloomberg News announced the next GTA game sometime during the week.
On November 9th, at 9:30 AM UTC-5, right after the information was officially confirmed through a tweet on X and a message on Rockstar’s official website, Take-Two’s stock reached its highest value in the past 5 days, hitting $149.02.
In other words, Take-Two’s stock experienced a remarkable increase of more than 9% in a single day.
The rise in stock value is great news for investors. There’s high anticipation that Take-Two Interactive will achieve even greater milestones after the official trailer of the next GTA game, expected to be released between December 1st and 10th.
