GTA Online Revenue Leak Spurs Increase in Take-Two Interactive’s Stock Price

Standing up to bullies is always a great way to earn some goodwill, but Take-Two has lucked out in the recent situation with Rockstar.

In what’s certainly a surprising turn of events, we’re getting reports of a resolution to Rockstar’s hacker situation that no one could have seen coming.

The studio has been facing a sort of hostage situation, with hackers threatening to leak data unless the studio pays a substantial amount of money. However, with the latter refusing to do so and the data released, parent company Take-Two has seen a very welcome uptick in its stock prices.

Apparently, knowing how much money the company is making off IPs like Grand Theft Auto Online has increased investor confidence in its prospects. Given its rather high daily earnings, it’s certainly not surprising. It’s always great to report on win, and with Grand Theft Auto 6 reportedly turning out to be quite expensive, the $1 billion increase in Take-Two’s valuation, as reported on by Insider Gaming, should be an outcome that has delighted the company.

Hopefully, it’s motivated the folks over at Rockstar as it enters the final leg of a very long development cycle on what’s arguably its magnum opus, launching on November 19th for PS5 and Xbox Series X/S. Marketing is expected to begin this Summer, with Take-Two confident about the current release date.

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