Rockstar parent company Take-Two Interactive saw its shares skyrocket following the first round of glaringly positive reviews for its just-released L.A. Noire
Shares closed today at $17.10, up $1.23 (or 7.75 percent) from yesterday, trading for as high as $17.50 (up 10 percent) during market hours.
This represents not only the company's 52-week high, but also the highest its stocks have traded for since September of 2008, after an acquisition bid from EA
caused shares to trade for as high as $27 (very close to the company's all-time high stock value of just over $28, following the release of Grand Theft Auto: San Andreas
). The acquisition of course never happened
has been an undeniable critical success, currently ranked 91 and 92 out of 100 on review aggregate Metacritic for its PlayStation 3 and Xbox 360 SKUs, respectively.
The game is well regarded for its cinematic qualities, and was honored
at New York's Tribeca Film Festival earlier this year, making it the first video game to receive that honor.