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The value of Take Two’s stock has grown six per cent in the wake of yesterday’s Grand Theft Auto V announcement.
The publisher’s stock were valued at $15.22 at the close of trading, although the after-hours price was $15.36. At one point yesterday shares were going for as much $15.71.
And Avind Bhatia, analyst for Sterne Agee, reckons that the share value could go up even further after next week’s trailer reveal, scheduled for Wednesday.
“If Rockstar announces the official release date for the title, in conjunction with the release of the trailer, we think it will be positive for the shares,” he said.
Sterne Agee predicts that GTA 5 may sell as much as 25 million units worldwide, eclipsing even the 22 million notched up by the last game.
I kind of wish I’d bought some now.
About the Author
Grand Theft Auto 5
- Platform(s): PC, PlayStation 3, PlayStation 4, PlayStation 5, Xbox 360, Xbox One
- Genre(s): Action
