Take-Two shares jump nearly 10%, as Rockstar plans to release first trailer for GTA 6 in December
GTA 6 is one of the most anticipated video games right now, and Rockstar is almost ready to release the first trailer for it. As a result, publisher Take Two saw its share price soar.
As reported by Bloomberg, Take-Two shares rose by 9.6% to $149.43 per share in premarket trading on November 8. Overall, the company’s stock has increased by 31% since the beginning of the year.
At the moment of writing, the shares slighty dropped to $145.24, representing a 7.04% gain from the previous close of $136.36.
This happened shortly after Bloomberg reported that Rockstar Games would announce GTA 6 this week. The studio later confirmed the news, saying that it will release the first trailer for its highly-anticipated title in December, in time for its 25th anniversary.
“We are very excited to let you know that in early December, we will release the first trailer for the next Grand Theft Auto,” Rockstar co-foudner and president Sam Houser said. “We look forward to many more years of sharing these experiences with all of you.”
Next month marks the 25th anniversary of Rockstar Games. Thanks to the incredible support of our players worldwide, we have had the opportunity to create games we are truly passionate about. pic.twitter.com/YaAxRVfZGe
— Rockstar Games (@RockstarGames) November 8, 2023
GTA 6 will be the first installment in the series since 2013. Last year, hackers leaked footage from the early version of the game. A UK teen was one of the key persons behind the crime, with him and another suspect now awaiting sentencing.
There are still no details about the possible release date of the next GTA, but Take-Two expects a significant increase in net bookings in FY24 and FY25 (ending March 31, 2025), raising speculation that the game might come out during that period.
Grand Theft V remains the most successful game by Rockstar. Since its initial release in 2013, it has sold over 185 million copies globally. The entire GTA series has lifetime sales of 405 million units.