ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Video game 'Grand Theft Auto' makes a return after ten years

Rockstar Games will bring a new 'Grand Theft Auto' to market, with the company saying it planned to 'release the first trailer' for it 'in early December.'

Rockstar Games will bring a new "Grand Theft Auto" game to market.

The video game label, owned by Take-Two Interactive Software, announced its plans on Wednesday morning, saying, "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 did not mention the date for the upcoming "Grand Theft Auto" title’s actual launch to gamers. When it does, it will mark the sixth of the franchise.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The most recent, "Grand Theft Auto V," became available about ten years ago and experienced immediate success that has continued since then. Take-Two reported at the time that it took just three days of being on the market for the game to bring in over $1 billion in retail sales. 

The first game came out in the late '90s.

The stock price of corporate parent Take-Two has seen a nearly 6.5% rise on Wednesday’s announcement of the soon-to-come trailer. 

MICROSOFT COMPLETES $69B ACTIVISION BLIZZARD ACQUISITION

Rockstar linked the trailer’s release to its 25th anniversary happening in December, telling its gamers that "none of this would be possible" without them. 

Take-Two’s second quarter results will come out later this afternoon, with the company also planning to go over them in a conference call with analysts and investors.

The video game company said in early August that it saw a total of $1.28 billion in net revenues over the first quarter, a roughly 16.5% year-over-year increase. Its net loss widened in the first quarter, going from $104 million to $206 million. 

Some other games Take-Two has put out are BioShock, Red Dead Redemption and Civilization.

CLICK HERE TO READ MORE ON FOX BUSINESS

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.