Yesterday’s tease of Grand Theft Auto V has, in addition to lighting up the internet, given a nice boost to Take-Two stock; shares of the 2K parent parent went up almost 6% following Rockstar posting the game’s logo on its website. Mind you, there hasn’t even been a formal — as in, an actual press release — announcement yet.
Once next week’s debut trailer arrives, shares could jump even higher, Sterne Agee analyst Arvind Bhatia expects.
“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 anticipates GTA5 to shift more copies than the 22 million of its predecessor, possibly in the region of 25 million.