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Why hasn't this affected Take-Two's stock noticeably?

Stock market valuations take into account expectations, and this clearly met the market's expectations.

I'm still confused by this though. Their market cap right now is about 1.5 billion. If GTA 5 sold $1 billion in 3 days, does that mean their whole valuation is based on this one single game??

Valuation includes liabilities and is generally focused on profits not revenue (Amazon excepted). Take-two ended up losing 32 million last year on 1.2 billion in revenue.

Take-two had a relatively large run up in July/August likely meaning that optimistic interpretations of GTA V were already priced in meaning people already factored the higher than normal profits this year.

Because this meets expectations.

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