After Red Dead 2 Reviews Hit, Take-Two Stock Soars

Rising like the sun over the prairie.

7 Comments
Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
Sorry, but you can't access this content!
Please enter your date of birth to view this video

By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy

Now Playing: The Essential Red Dead Redemption 2 Starter Guide

After suffering a slight dip over the last couple of weeks, the stock for Take-Two Interactive--the parent company of Red Dead Redemption 2 publisher Rockstar Games--is on the rise after positive critical reception for open-world western for PS4 and Xbox One. This puts the company's stock near its all-time high.

As of the time of writing, the stock is at roughly $120 USD, a gain of about 9% from yesterday's market close. For comparison that's almost four times the increase of the overall NASDAQ average gain today, of which Take-Two is a part. That doesn't quite recover to its high point of $138 in late September, but it's close considering the stock only steadily entered the triple-digits over the last year.

The most precipitous fall came in mid-October, just after an interview with Dan Houser kicked off criticism about Rockstar's development culture and crunch. He later clarified that he was only referring to the long hours of himself and a few other senior writers, but the criticism persisted. The company allowed developers to speak openly and at least one studio called a meeting to explicitly tell employees that overtime isn't mandatory. Just yesterday Kotaku published an in-depth investigative piece regarding crunch at the studio.

Positive reviews appear to be serving as a shot in the arm for the company stock. The game has scored an aggregate score of 97 on GameSpot sister site Metacritic, earning it a "Must Play" designation. In GameSpot's Red Dead Redemption 2 review, critic Kallie Plagge said that despite being a prequel, Red Dead 2 stands on its own.

"Red Dead Redemption 2 is an excellent prequel, but it's also an emotional, thought-provoking story in its own right, and it's a world that is hard to leave when it's done," she said.

Got a news tip or want to contact us directly? Email news@gamespot.com

Join the conversation
There are 7 comments about this story
7 Comments  RefreshSorted By 
GameSpot has a zero tolerance policy when it comes to toxic conduct in comments. Any abusive, racist, sexist, threatening, bullying, vulgar, and otherwise objectionable behavior will result in moderation and/or account termination. Please keep your discussion civil.

Avatar image for barcaazul
BarcaAzul

It's also true that markets have been taking a right beating the last week, but for sure the reviews will help.

Avatar image for livedreamplay
LiveDreamPlay

If that stupidity would've caught on I would've lost faith in the gaming community really...

Avatar image for videogameninja
videogameninja

-"Take-Two stocks soar..."-

And after tomorrow they will go into space.

-INTO ORBIT NINJA APPROVED-

Avatar image for proceeder
proceeder

Yeah.

So, maybe, just maybe, you didn't need to release the game this late or hold an NDA on it for so long, R*.

C'mon!

Avatar image for Mogan
Mogan

@proceeder: So late? It's right in the middle of the holiday release season.

Avatar image for livedreamplay
LiveDreamPlay

@proceeder: Yeah, they should've released it a year or two early so that it would be unplayable.

Avatar image for mistervulpes
MisterVulpes

@proceeder:

What are you on about? It’s ready when it’s ready.