Take-Two Interactive shares surged as much as 9.4% in pre-market trading Wednesday, on anticipation of a full announcement for its 'Grand Theft Auto 6 game.'
Take-Two Interactive shares surged as much as 9.4% in pre-market trading Wednesday, as investors received the first confirmation that the next installment in the Grand Theft Auto franchise is on the horizon.
The current release of the game, "Grand Theft Auto V," is the second best-selling game of all time by units sold after-subsidiary Mojang's Minecraft. It's developed by Take-Two subsidiary Rockstar. Rockstar's franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two's share price growth and $23.16 billion market cap.
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Take-Two Interactive shares rise on report Grand Theft Auto game to be announced this weekSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: MKTWgoldstein.
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