Obligatory not a financial advisor.
Take Two Interactive is the company behind the nba 2k games as well as a few other smaller studios, but notably they own Rockstar Games, the creator of the grand theft auto and red dead series.
In an investors news wire take two announced that they have “several big projects planned for release in q4”
With recent gaming leaks, all signs point to that release being the long awaited GTA 6.
Whenever rockstar releases a game it sends waves throughout the industry, to the point that GTA V’s online multiplayer is still active a decade after release and making money, and RDR2 is regarded as one of the best video games of all time.
In all likelihood the release of GTA 6 could cause a massive boost to TTWO.
In the short term GTA V is releasing another update which could generate interest in the company, but I’m holding for roughly a year to see if it jumps.
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