Take-Two (i): To me, the Price Drop Due to the Leak Is a Buying Opportunity—GTA Is Still GTA!

The stock plunge of about 6.7% to $219.70 is, in my estimation, based on baseless rumors of a delay—and that’s precisely where the opportunity lies. After all, the leak confirmed one thing above all else: GTA VI is playable, and the release date of November 19 stands. GTA is and remains a gaming phenomenon; people will buy this game even if it isn’t ideal or perfect. Its predecessor, GTA V , sold over 200 million copies, and the two trailers have already racked up nearly 500 million YouTube views. The sheer magnitude of the demand is evident...