Since its release earlier in February, Harry Potter RPG game and Steam best-seller Hogwarts Legacy has made enough money that the stock price for Warner Bros. has climbed faster than that of Tesla, Amazon, or Meta, with year-to-date figures showing a significant gain for the game’s publisher, driven by Hogwart Legacy’s success. Though Sons of the Forest and Destiny 2 Lightfall have now pushed Hogwarts Legacy down the Steam most-popular chart, Warner Bros. shares have rebounded sharply after a gradual, three-year decline.
Between January 1 and February 27, Warner Bros. stock price jumped from roughly $9 USD (£7.45 GBP) per share to $16 USD (£13.24 GBP). Though still down considerably from its all-time high of $77 USD (£63.72 GBP), Warner Bros. stock has surged in price in 2023, at a rate that outstrips major S&P 500 rivals including Tesla, Amazon, and Meta.
Since the beginning of 2023, Tesla stock has increased 60%, with Meta and Amazon rising 38% and 11% respectively. Based on figures from Market Insider, in the same year-to-date period, WB stock has risen by a huge 64%. The publisher previously announced that Hogwarts Legacy sold 12 million copies during its first two weeks, earning $850 million USD (£703 million GBP) in sales.
Alongside Hogwarts Legacy, Warner Bros. recently shared new details on its upcoming superhero game, as well as the Suicide Squad Kill the Justice League release date. The best Hogwarts Legacy mods meanwhile continue to inject fresh life into the Harry Potter open-world, especially if you’re still searching for all those Hogwarts Legacy demiguise statue and Moon locations.
The creator of the Harry Potter series, JK Rowling, has made a number of transphobic remarks on social media in recent years. Warner Bros. has the licence to make games based on Harry Potter. While the details of that deal aren’t publicly known, and WB Games says “J.K. Rowling is not directly involved in the creation of the game”, it is likely that, as the creator and owner of the Harry Potter IP, she will earn royalties from its sales. If you’d like to learn more about transgender equality or lend your support, here are two important charities we encourage you to check out: the National Center for Transgender Equality in the US, and Mermaids in the UK.