The announcement of the April 29 release date of GTA IV has caused Take-Two Interactive’s stock to jump by about 11 percent. Excerpts from the report:
SAN FRANCISCO (Reuters) - Take-Two Interactive Software Inc (TTWO.O) said on Thursday it will release the highly anticipated “Grand Theft Auto IV” video game on April 29, sending its shares up about 11 percent.
Take-Two shares were up $1.57, or 10.9 percent, to $16.03 in mid-morning Nasdaq trade. The stock has fallen 11.6 percent over the past year but has risen 30 percent since hitting a year low of $12.25 when it delayed “GTA IV” in August.
Read: Yahoo!
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