Take-Two Shares Plunge as GTA VI Faces Further Delay
07.11.2025 - 05:14:04 | boerse-global.de
Investor confidence in Take-Two Interactive took a significant hit following the company’s latest earnings report. While the video game publisher announced record-breaking quarterly results that surpassed all projections, the revelation of another postponement for the highly anticipated Grand Theft Auto VI sent shares tumbling in after-hours trading. The stock plummeted more than ten percent as the market digested the news that the blockbuster title’s launch is now scheduled for November 19, 2026.
Take-Two’s financial performance for its second fiscal quarter of 2026 presented a contradictory picture. The company reported net bookings of $1.96 billion, representing a substantial 33 percent year-over-year increase and significantly exceeding internal forecasts. Revenue reached $1.77 billion, Read more...
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