Grand Theft Auto 6 news pushes Take-Two stock higher
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Take-Two Interactive (TTWO) stock extends its gains surrounding its new announcement on the long-awaited Grand Theft Auto VI while also reporting fiscal second-quarter earnings. Michael Pachter, Wedbush Securities Managing Director of Equity Research, explains how the stock continues to react to the slightest detail on the next Grand Theft Auto installment and whether it is all hype or not at the moment. “The biggest problem investors have with Take-Two is lack of visibility,” Pachter tells Yahoo Finance on the developer’s history of teasing this title. “The stock is not trading on yesterday’s print or the hype around upcoming titles. It’s solely up on GTA, it’s going to have a trailer […]