Take-Two shares rise on L.A. Noire launch
Rockstar Games' parent company hits new 52-week high following debut of Team Bondi's period detective thriller.
Players may need to rely on skills of logic and observation to solve the cases in L.A. Noire, but there's considerably less mystery as to the impact the game is having on shares of Rockstar parent company Take-Two Interactive. L.A. Noire for the Xbox 360 and PlayStation 3 debuted to mostly adoring reviews yesterday, the same day Take-Two shares hit a 52-week high.
The company's shares closed the trading day up $1.23 to $17.10, a jump of nearly 8 percent. The stock closed the previous day's trading at $15.87.
L.A. Noire follows Detective Phelps as he becomes entangled in a violent web of vice, corruption, and crime in 1940's Los Angeles. Players jump into the seedy underworld of the metropolis and are tasked with solving a series of murders in what Rockstar describes as an "open-ended challenge."
For more on the title, check out GameSpot's L.A. Noire review, as well as GameSpot's L.A. Noire Game Guide.
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