Take-Two shares price fall after the delay of GTA 6

After Grand Theft Auto 6 was recently delayed, Take-Two Interactive, the game's publisher, had a roughly 11% drop in stock price.  The financial picture of Take-Two Interactive will be significantly impacted by the announcement that GTA 6 will now arrive on May 26, 2026, instead of the original autumn 2025 release date.  GTA 6, perhaps the most anticipated game in history, was once scheduled to premiere in the fall of 2025, but investors at Take-Two saw it as a huge cash cow for the company's current fiscal year. 

Even though GTA 5 is over 12 years old, it is still in the top tier of sales statistics and is the second-best-selling game of all time with over 210 million copies sold. Since GTA 6's release has been rescheduled for Take-Two's fiscal year 2027, expectations for short-term growth have been shattered, even though it is predicted to eclipse the game's record-breaking success.

 Following the announcement of GTA 6's delay, the market moved quickly, as Take-Two's shares fell to $209.96, down over 11% from its closing price of $235.17 on Thursday.  In response, Strauss Zelnick, CEO of Take-Two, publicly defended Rockstar's choice to postpone the game.

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Rockstar Games to give update on GTA 6 soon

Zelnick stated, "We fully support Rockstar Games taking additional time to realise their creative vision," saying that Grand Theft Auto 6 was a "groundbreaking, blockbuster entertainment experience."  He said that despite the schedule change, Take-Two expects record revenue in fiscal 2026 and 2027. Fans of Grand Theft Auto 6 are naturally disappointed by the delay. The first official trailer announcement of the game was made in December 2023. Rockstar Games released the trailer, and fans were waiting for updates on the game. 

Many people had anticipated that the wait would be lessened by at least a new GTA 6 image or teaser, but that did not happen. But with the news of the delay, Rockstar stated that it will provide more details about GTA 6 "soon," and Take-Two is scheduled to hold an earnings call on Thursday, May 15.

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