Following a recent leak revealing some of the details of GTA Online's finances, the stock price for Take-Two Interactive has risen. While there may be multiple causes for the rise, the reveal of just how much GTA Online is still earning may have inspired some investors to pick up some shares.
The studio behind Grand Theft Auto was recently subject to a hack, with the hackers demanding ransom with the threat of releasing internal data regarding GTA. The ransom wasn't met, and the hackers made good on their threat, leaking internal data onto the web. While the hack was confirmed, the data's accuracy hasn't been verified by Rockstar or Take-Two. Nonetheless, it may be having an impact.
Take-Two revealed the over a decade old game has sold hundreds of millions of copies, and is still a major driver behind the publisher’s revenue.
In the wake of the release of hacked data from Rockstar Games, the stock price for its parent company, Take-Two Interactive, rose significantly on April 14. After hackers released the data and internet users began to dig out the most important information, Take-Two's stock price went from $201.36 to a high of $207.84. Over the...
