Yes, Take-Two's share price rose after the stolen Rockstar data was released, but don't read too much into it

4 hours ago 1

Rommie Analytics

Rockstar Games was hacked earlier this month, and given an ultimatum: Pay up a significant amount of cash—$200,000, apparently—or all the stolen data gets released into the wild. $200 large is couch change for Rockstar, but there's also the principle of the thing to consider. Rockstar refused, and the hackers made it rain with their ill-gotten data—which turned out to be something of a wet fart.

It was interesting, for sure: Rockstar earns half a billion (yes, with a b) per year on GTA Online, and PC players account for a very small portion of that, less even than players on the old Xbox One console.

But the anticipated GTA 6 treasure trove simply wasn't there: Rockstar said when the hack occurred that "a limited amount of non-material company information was accessed," and it sure wasn't kidding.

Take-Two's share price took a nice little bump over the next couple days, jumping from ...

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