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Will 'Red Dead Redemption 2' Be Able To Match Its Predecessor's Success?

Will 'Red Dead Redemption 2' Be Able To Match Its Predecessor's Success?

Take-Two Interactive Software, Inc. (NASDAQ: TTWO)’s Rockstar Games has officially confirmed the highly-anticipated sequel to hit game "Red Dead Redemption" is coming in fall of 2017. After Rockstar tweeted a pair of cryptic images on Sunday and Monday, the company revealed the promotional image below on Tuesday, confirming the game’s release.

In a press release, Rockstar promised “an epic tale of life in America’s unforgiving heartland.” The company also promises “a brand new online multiplayer experience,” suggesting that Take-Two may be attempting to replicate the success of "GTA Online," the online component of its popular "Grand Theft Auto" franchise.

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"Red Dead Redemption 2" will certainly have some big shoes to fill in terms of sales and critical reception. "Red Dead Redemption" sold more than 15 million copies and won Game of the Year awards from GameSpy, GameSpot, Computer and Video Games, Machinima and others. At the 2010 Spike TV Video Game Awards, "Red Dead Redemption" dominated, taking home awards for Game of the Year, Best Song in a Game, Best Original Score and Best DLC.

The stocks of both Take-Two and rival Activision Blizzard, Inc. (NASDAQ: ATVI) have been on fire in 2016, but Take-Two’s 29.2 percent gain has doubled Activision’s 14.6 percent surge.

Red Dead fans are now anxiously awaiting the game’s first trailer, which is due to be released Thursday.

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