GTA VI Trailer Rumors Cause Rollercoaster for Take-Two Stock
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Rumors of a GTA VI trailer this week led to rising hype and stock prices for Rockstar's parent company Take-Two.
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Despite no trailer, the hype cycle caused Take-Two's stock to rise during rumored trailer times but fall overall this week.
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Take-Two's stock has declined 4.88% over the last two days as it's become clear no trailer is imminent.
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The stock drop is likely temporary, as a GTA VI announcement is inevitable in the next 6-12 months.
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GTA V's massive sales mean Take-Two has little to worry about long-term, though short term stock is affected by trailer hype cycles.