GTA Leak Raises Take-Two Interactive Stock Value By Over $1 Billion
Insider Gaming • • technology
Key Points:
- Following the leak of Rockstar Games' stolen data, Take-Two Interactive's stock price rose by 2.63%, adding approximately $1 billion to the company's market value.
- Despite the rise, Take-Two's stock remains about 25% below its 52-week high of $264.79 but is nearly $20 above its 52-week low of $187.63 from February.
- The leaked data highlighted the significant revenue generated by Rockstar and Take-Two's franchises like Grand Theft Auto and Red Dead Redemption, which may have contributed to increased investor confidence.
- Stock prices are subject to fluctuation throughout the trading day, and the final closing price could vary from the mid-day value reported.
