If You Invested $1,000 In Take-Two Stock When Grand Theft Auto V Was Released, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article discusses the performance of Take-Two Interactive Software's (NASDAQ:TTWO) stock since the release of 'Grand Theft Auto V' 10 years ago. If an investor had put $1,000 into Take-Two stock at the time of the game's release, their investment would be worth $8,186.85 today, a return of 718.7%. This significantly outperforms the SPDR S&P 500 Global ETF, which would have turned $1,000 into $2,595.71, a return of 159.6%. The company is currently working on the next installment in the franchise, 'Grand Theft Auto 6/GTA VI', which could potentially boost Take-Two's shares further.
September 19, 2023 | 7:52 pm
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POSITIVE IMPACT
Take-Two's stock has significantly outperformed the broader market since the release of 'Grand Theft Auto V'. The upcoming release of 'Grand Theft Auto 6/GTA VI' could potentially boost the company's shares further.
The historical performance of Take-Two's stock since the release of 'Grand Theft Auto V' indicates a strong correlation between the company's game releases and its stock performance. With the upcoming release of 'Grand Theft Auto 6/GTA VI', it is likely that the company's shares will see a further boost.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The SPDR S&P 500 Global ETF has underperformed compared to Take-Two's stock over the last 10 years, with a return of 159.6%.
The comparison of the performance of the SPDR S&P 500 Global ETF and Take-Two's stock over the last 10 years shows that the ETF has underperformed. This indicates that investing in individual stocks like Take-Two can potentially yield higher returns than investing in broader market ETFs.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50