Take-Two: First-day GTA V sales topped $800M

|About: Take-Two Interactive Softwa... (TTWO)|By:, SA News Editor

Take-Two (TTWO +1.4%) estimates global Grand Theft Auto V retail sales topped $800M in the game's first 24 hours of availability. (PR)

Shares popped on the news, but quickly gave back their gains.

Reviews for GTA V have been glowing, but investors and analysts were already expecting the game to be a hit.  Wedbush thinks GTA V will generate $1.57B in revenue for Take-Two over its lifetime; that figure excludes cuts taken by retailers and others.