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GTA 6 Is Going To Be Huge. So Why Is Take-Two’s Stock Having Such A Bad Year?

GTA 6 Is Going To Be Huge. So Why Is Take-Two’s Stock Having Such A Bad Year? https://ift.tt/WumgPLN Take-Two owns one of the largest entertainment franchises out there in Grand Theft Auto. The newest entry, GTA 6, launches this November. There is enormous hype for the new game, which is expected to sell millions of copies at launch and break records. In short, it's expected to be a once-in-a-decade (if not ever) kind of title. The game is also coming to market with a lot of positive sentiment and excitement. If you're a Take-Two shareholder, however, the past year has been a big bummer. Take-Two's share price has slid about 15% so far this year and is down about the same over the past year, meaning anyone who invested in the past year has lost money (at least on paper; gains or losses are not realized until positions are sold) in the run-up to GTA 6's release in November.  What's going on here? There are plenty of factors involved in what could be driving Take...
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Black Ops 6 Won't Be Released In Kuwait, Preorders Canceled And Refunds Issued

Black Ops 6 Won't Be Released In Kuwait, Preorders Canceled And Refunds Issued https://ift.tt/NXZiGr7

Kuwait has denied the release of Call of Duty: Black Ops 6 in the country, and in response, Activision is cancelling all preorders. Refunds are available at the original point of purchase.

In a statement, Activision said the game "has not been approved for release" in Kuwait, and as such, it won't be available on October 25 in the region. "We remain hopeful that local authorities will reconsider, and allow players in Kuwait to enjoy this all-new experience in the Black Ops series," Activision said.

The exact reason why Kuwait did not approve Black Ops 6 for release is unknown. However, some speculate it has to do with the portrayal of the Middle East given that Black Ops 6's campaign focuses on the Gulf War. Saddam Hussein has been featured in advertisements for Black Ops 6, and many believe the campaign could feature the Iraqi invasion of Kuwait that kicked off the Gulf War.

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