Why you shouldn’t play into Grand Theft Auto V
Grand Theft Auto V is the biggest video game debut of all-time, and also the most expensive. The highly anticipated—and controversial—game cost an unprecedented $260 million to produce, but is setting blockbuster records with sales have topping more than $800 million in its first 24-hours.
(Watch: GTA 5 fuels Take-Two Shares)
And similar to the last GTA release in 2008, the record breaking sales sent shares of the games maker—Take-Two Interactive—soaring. But is this enough reason to buy the stock?
Richard Ross of Auerbach Grayson says he loves the chart, but The Oxford Club’s Marc Licthenfeld wouldn’t touch the company. So who is right?
Watch the video to see them duke it out on CNBC’s Closing Bell.
- Consumer Discretionary