Red Dead Redemption 2 Release Propels Take Two Interactive Stocks

Company stock closed at $120.70 following the release of the hotly anticipated sequel.

Posted By | On 26th, Oct. 2018

Red Dead Redemption 2

Rockstar Games’ Red Dead Redemption 2 is now available, having garnered numerous positive reviews from several publications. It’s also helped raise stocks for Take Two Interactive, Rockstar’s parent company. After closing at 9:19 AM (GMT-4) on October 26th, the company’s stock was $120.70 USD on NASDAQ. It opened at $117.26.

Though it doesn’t reach the company’s high of $138 – which it experienced last month – it’s still very good, especially following the controversy of Rockstar’s crunch. Rockstar co-founder Dan Houser would clarify comments about crunch only being limited to senior writers on the project, himself included.

However, since then, more stories have come out regarding the studio’s mandatory and “encouraged” overtime periods, especially in Rockstar Lincoln, which is largely QA-centric. For now, the success of Red Dead Redemption 2 may make those months, if not years, of crunch seem worthwhile. But it remains to be seen how sustainable this model is, especially since companies like Ubisoft seem to be doing pretty well without it.


Keep On Reading!

Red Dead Redemption 2 Crosses 89 Million Sales, GTA 5 Nearly at 235 Million Units Sold

Red Dead Redemption 2 Crosses 89 Million Sales, GTA 5 Nearly at 235 Million Units Sold

Rockstar's last two open-world titles continue to sell like no one's business, propelling their franchises to ...

GTA 6 Pre-Sales “Running Far in Excess of Our Expectations,” Says Take-Two CEO

GTA 6 Pre-Sales “Running Far in Excess of Our Expectations,” Says Take-Two CEO

"We’re just days away from beginning to see the fruits of our labor," says Strauss Zelnick who promises more...

Battlefield 6’s Casino Heist Gameplay Revealed, New Weapons and Attachments Detailed

Battlefield 6’s Casino Heist Gameplay Revealed, New Weapons and Attachments Detailed

Leaderboards, a new map, an early version of the Server Browser, and more roll out for all consoles on Novembe...

Resident Evil Veronica Trailer Pushed Back After Internal Delay to Fall 2027 – Rumor

Resident Evil Veronica Trailer Pushed Back After Internal Delay to Fall 2027 – Rumor

Capcom reportedly crunched earlier this year to target a Q1 2027 launch for the remake, but ultimately decided...

Warhammer 40,000: Dark Heresy Launches on January 28th, 2027

Warhammer 40,000: Dark Heresy Launches on January 28th, 2027

Owlcat Games' follow-up to Rogue Trader will launch first on Xbox Series X/S, PS5, and PC before coming to Swi...

Hollow Knight: Silksong – Sea of Sorrow is Still Missing, But Physical Edition Teases More Free DLC

Hollow Knight: Silksong – Sea of Sorrow is Still Missing, But Physical Edition Teases More Free DLC

The "first giant" expansion for the Metroidvania has gone from 2026 to "Coming Soon," but at least more conten...