GTA VI Leaks Seemingly Cost Take-Two $2 Billion in Value
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5 Articles
The new Grand Theft Auto VI (GTA VI) leaks have had a multi-million-dollar impact on Take-Two Interactive’s stock valuation, the parent company of Rockstar Games. After the appearance of new gameplay videos, map images and other relevant game details, Take-Two’s stock suffered a strong correction, to the point of losing about $2.83 billion of stock capitalization in less than two days. While Take-Two Interactive and Rockstar Games extinguished t…
GTA VI Leaks Seemingly Cost Take-Two $2 Billion in Value
Over the course of the week of August 17, there have been several leaks purporting to show in-game content from recent builds of GTA VI from a leaker who claims to have actual hands-on access to a pre-release version of the game. According to Yahoo! Finance data, following the leaks, Take-Two's share price fell by roughly $15.29 per share compared to the Monday before the first leaks—this translated to a loss of $2.83 billion in market cap or a …
Here’s how much Take-Two stock is down since GTA 6 leaks
Grand Theft Auto 6 (GTA 6) leaks continue to pop up, turning market attention to both the upcoming title and publisher Take-Two Interactive’s (NASDAQ: TTWO) stock. With the latest released footage, which heavily implies that the hacker group behind the leak has a GTA 6 playable build, TTWO shares are sitting at $237 on August 20, having dropped 4.8% from $249 on August 17, a day before the leaks started circulating. The shares are now down 3.4…
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