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[Lunatic_Gamer]

The Take-Two Interactive share price has seen a loss of 2.5% upon the Nasdaq opening today, since the last close on September 16th, 2022. This is equivalent to $510 million of the company valuation.

Despite the losses, it could have been far worse, although the true cost of the leak is not yet fully understood.

Not only did “teapotuberhacker”, the username the hacker goes by, share leaks. They also reportedly have the source code for GTA VI. The source code could make hacking and cheating easier when the game finally releases.

The GTA series, as well as Take-Two Interactive itself, will unlikely see much loss long-term.

$510m Wiped Off Take-Two Interactive Market Cap Since GTA 6 Leak

After a shocking amount of leaks appear on the internet for GTA 6, Take-Two Interactive has seen a $510 million loss in market cap.

gamingintel.com

 

[DeepEnigma]

Time to buy.

 

[BennyBlanco]

phil spencer getting on the horn as we speak

 

[ManaByte]

 

[Hugare]

How much on BAWSAQ tho?

Time to buy.

Exactly

 

[Brock2621]

Is it confirmed he has the source code? It seems like these videos were pulled from a hacked slack account. I’ve been trying to find clear posted evidence from the hackers behalf confirming they indeed do have the source.

 

[ChorizoPicozo]

Philly is on the phone.

 

[FalsettoVibe]

So what......like .25% of the market cap.....lol

 

[GHG]

This is simply not true. It was only true very briefly pre-market today prior to them releasing a statement but since then the stock has recovered and then some. It ended up closing 0.72% higher than Friday's close.

Articles like this are so sensationalist and short sighted. Talk about jumping the gun. Wait until trading has closed for the day before making an assessment.

Time to buy.

That's come and gone.

 

[cormack12]

All these hacks were from slack (or supposedly). I'm really not sure why anyone would share a 10,000 line text/source file via slack. Videos fair enough as they just need a quick visual most of the time.

Unless everything was just in one massive pass through one drive or something which seems a bit daft.

 

[Jaybe]

Not only did “teapotuberhacker”, the username the hacker goes by, share leaks. They also reportedly have the source code for GTA VI. The source code could make hacking and cheating easier when the game finally releases.

I found the hacker!

 

[Solarstrike]

 

[Thirty7ven]

Meaningless.

 

[Sho_Gunn]

People who don't understand stocks or the market in general take these articles seriously.

 

[MScarpa]

I smell buyout....

 

[NeonGhost]

so like 1 day of shark card sales

 

[nush]

They also reportedly have the source code for GTA VI. The source code could make hacking and cheating easier when the game finally releases.

I'm gonna make my own GTA with Blackjack and hookers!

Sir, those things already are in GTA games....

 

[Pelta88]

Some people have absolutely no idea how the stock market works. That or they're just desperate to write an aritcle about absolutely nothing. For the record, TTWO stock price has been at the $121 price point 9 times since May 2022. Why is this article trying to spin normal market fluctuations into a negative situation. The article at best, is disingenuous. That or the writer has no understanding basic market principles.

TTWO

After hours has the stock in beast mode.

 

[Rocco Schiavone]

I don't give s shit. They made enough money with GTA V/Sharkcards/ GTA Definitive Edition. I would only feel sorry If some of the devs will lose their jobs.

 

[CamHostage]

Investors pulling out of the business because the world has found out that Rockstar, after being quiet for a decade and a half, actually does have a new GTA game in the works?

Money is fucking weird. I like it better when people just made goods and other people paid for them with money they made making other goods.

All these hacks were from slack (or supposedly). I'm really not sure why anyone would share a 10,000 line text/source file via slack. Videos fair enough as they just need a quick visual most of the time.

Unless everything was just in one massive pass through one drive or something which seems a bit daft.

No, you wouldn't paste source code into Slack... but you would share your file service URL or media drive location of all your files, possibly also with the password texted to access that server.

However, I'm going to guess that the hacker got less than is leading on? Complete source code plus video files plus a compiled build for a custom engine seem like a weird thing to have all on one dropbox or github. In the old days of FTP, all of your company's work (whatever's not stored locally, at least,) could be one big "Download Now" queue away from being stolen as soon as you got the master password, but the way files are distributed and networked today (even with people working from home,) that seems less likely to me... but, not impossible.

 

[AmuroChan]

The impact the leak has on TTWO's stock price is negligible. That's not how stock prices work.

 

[Tiago Rodrigues]

Gaming sites shouldn't talk about the stock market.
It's incredible how they always jump the gun on these things with no knowledge on how this works.
Anything for clicks i guess...

 

[01011001]

 

[Rayderism]

So, this is like an average person losing like $100?

 

[GigaBowser]

Looks like investors weren't impressed by the graphics either.

 

[ShadowLag]

Came to post this gif. The leak is ultimately nothing but free marketing for T2 / R* / GTA.

 

[Jennings]

They'll be fine and the game will be a success.

 

[Imtjnotu]

How much on BAWSAQ tho?



Exactly

Sadly this will go over mosts head lol

 

[James Sawyer Ford]

2.5% is nothing significant at all

That’s just normal daily volatility

 

[ThatGamingDude]

All these hacks were from slack (or supposedly). I'm really not sure why anyone would share a 10,000 line text/source file via slack. Videos fair enough as they just need a quick visual most of the time.

Unless everything was just in one massive pass through one drive or something which seems a bit daft.

Pfft, not even
You think that password you sent over chat is safe?

Get full access to Slack and possibly local machines for cache, dump chat logs for HVTs and search for creds, or have fun with getting session tokens and stuff then using that to get around other places
Your weakest secure integration is your weakest link

No, you wouldn't paste source code into Slack... but you would share your file service URL or media drive location of all your files, possibly also with the password texted to access that server.

However, I'm going to guess that the hacker got less than is leading on? Complete source code plus video files plus a compiled build for a custom engine seem like a weird thing to have all on one dropbox or github. In the old days of FTP, all of your company's work (whatever's not stored locally, at least,) could be one big "Download Now" queue away from being stolen as soon as you got the master password, but the way files are distributed and networked today (even with people working from home,) that seems less likely to me... but, not impossible.

Even partial source code leaks is a major thing; it depends on what all of that partial contains
Any main functionality or heavily exploitable functionality is going to be lit af, and could cost the company a ton of money

Let's not go into how companies utilize their storage; too many ways to do it these days and all it takes is 1 copy in a location the bad actor has access to and it's theirs.
A good lock only keeps an honest man honest

 

[op22]

Haha. So, USA stock market investment bankers say the only AAAAAAAAA vidya in the near future bigger than Cod, Madden, Cyberpunk is worth selling to them even though buggy GTA retro garbage edition sold tens of millions?

Don't sell to CNBC/Cramer and rest of USA Wall Street unless you are brain damaged then.

 

[Makoto-Yuki]

Oh no. Poor Take Two! How ever will they recover!?

They'll be fucking fine lol. Once Rockstar shows off GTA VI properly it will sky rocket and once they actually release the game and get the new GTA Online up and running they'll be rolling in billions of dollars.

I'm no expert but might be a good time to buy in. That shit is going to explode soon.

 

[CS Lurker]

That's nothing, just an ordinary day in the stock market.

 

[op22]

I wouldn't be surprised if the CEO of Rockstar released the leaks to make a fortune from shorts this year and a fortune from longs next year. Where is the FBI? They forgot how to sniff internet traffic? Was Snowden wrong about the government sniffing all internet traffic or is the government slecctively sniffing?

 

[op22]

How much is Rockstar getting from insurance companies is the question I would be asking if I were an FBI agent of avg iq.

 

[sendit]

I hope the OP knows that everything is generally down. But hey, it doesn’t fit the narrative.

 

[Y0ssarian]

 

[GenericUser]

-

 

[Three]

I hope the OP knows that everything is generally down. But hey, it doesn’t fit the narrative.

Don't shoot the messenger. OP just relayed the article and posted it here but the person who wrote the article seems a little clueless and quick to jump the gun.

 

[anothertech]

This game ain't releasing till 2030