Take-Two Interactive Shares Drop with GTA VI Trailer

GTA VI’s trailer did not benefit Rockstar Games’ parent company, Take-Two Interactive. The company’s shares fell around 6 percent. So why did something like this happen?

Rockstar Games is releasing GTA VI, which we have been waiting for years, today. officially announced. The only agenda of the video game world today is GTA VI, which we learned will be released in 2025. However, some people were not very satisfied with the trailer of GTA VI. Because there is no sectoral unexpected There was a development.

A few hours after the release of Rockstar Games’ GTA VI trailer, there was a serious decline in the stocks of parent company Take-Two Interactive. exceeding 6 percent The decline caused a loss of $1.6 billion to Take-Two Interactive. Alright what happened Did something like this happen on the day the GTA VI trailer was released?

Investors are unhappy that GTA VI will be released in 2025!

One of the most important reasons why you should join any company is to make a profit. The main thing that determines the profitability of a company is the work it does. Yes, the release of GTA VI will make huge money for Rockstar Games and Take-Two Interactive. However, the fact that this will happen by 2025 worries investors. disturbed is considered. After all, GTA VI will not make money for the next year.

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Let us remind you for those who are wondering: GTA V, which was released in 2013, sold approximately 200 million copies and gave the company 8 billion dollars It made around 100% money. Moreover, industry sources think that GTA VI will generate much more profit. However, the fact that this will happen at a later date seems to have attracted investors’ attention from Take-Two Interactive. Meanwhile; On September 17, 2013, when GTA 5 was released, Take-Two Interactive shares were only 17 dollars was at levels. Now it is around $160.

For the GTA VI trailer:

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GTA 6 Trailer Released [Video]

This content is not an investment advice. The release of GTA VI does not guarantee that Take-Two Interactive will be valued.

Source :
https://www.businessinsider.com/gta6-grand-theft-auto-vi-vice-city-take-two-stock-2023-12


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