Take-Two Shares Plunge as Grand Theft Auto VI Faces Major Delay
Published on 11/15/2025 at 06:03 | Redaktion boerse-global.de
Despite posting record quarterly results and raising its full-year guidance, Take-Two Interactive Software saw its stock price tumble after announcing a significant postponement for its most anticipated title. The six-month delay for Grand Theft Auto VI demonstrates how even stellar financial performance can be overshadowed by setbacks for a flagship product.
The market’s reaction sent a clear message about investor priorities. When Take-Two disclosed that Grand Theft Auto VI wouldn’t arrive until November 2026—a full half-year later than anticipated—the stock immediately dropped 7% in after-hours trading. This decline occurred despite the company reporting its highest-ever net bookings of $1.96 billion for the quarter, exceeding expectations.
CEO Strauss Zelnick explained the Read more...
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