logo

GTA 6 Delay Sends Take-Two Stock Down More Than 10%

By: bitcoin ethereum news|2025/05/02 22:45:01
0
Share
copy
Topline Gamers will need to wait even longer for highly-anticipated sequel to one of the most popular video game franchises ever in Grand Theft Auto, as the next installment of the raunchy adventure series won’t come out this year, the game’s maker Take-Two Interactive said Friday, plummeting Take-Two stock. Rockstar Games’ Grand Theft Auto VI trailer came out in December 2023, but it won’t be out until ... More 2026. Key Facts Take-Two said it expects Grand Theft Auto VI will come out May 26, 2026, well beyond the company’s previously targeted release of fall 2025. “We are very sorry that this is later than you expected,” read a message posted Friday to the website of Rockstar Games, the Take-Two subsidiary studio behind Grand Theft Auto. Shares of Take-Two plunged more than 10% to below $210 in morning trading Friday. Crucial Quote “Investors were braced for a potential slight delay...but certainly not mid-2026,” JPMorgan analyst Cory Carpenter wrote in a Friday note to clients. In a glimmer of hope for GTA fans, the “risk of a further delay is limited,” according to Carpenter, who added it was “notable a specific date, not window was provided” for the release. Key Background The company released its first trailer for the game in December 2023, and analysts at the time projected Grand Theft Auto VI would come out by March 2025. The previous game in the franchise, Grand Theft Auto V, was released in 2013 and is the third best-selling video game of all time with more than 200 million copies sold, according to IGN; only Tetris and Minecraft are more popular. Other video game franchises under the Take-Two umbrella include NBA 2K and Red Dead. Source: https://www.forbes.com/sites/dereksaul/2025/05/02/grand-theft-auto-vi-delay-sends-take-two-stock-down-more-than-10/

You may also like

The voice of a senior Polymarket user: In fact, we have already been surpassed by our competitors

The former track definers are now becoming followers of their competitors' pace. The era of startup makeshift platforms is over; please present a financial-grade platform as it should be.

Transcript of Dr. Han, founder of Gate, speaking at the University of Hong Kong: Breaking the Matthew Effect and Winning in Asymmetric Competition

Gate CEO Dr. Han appeared at the University of Hong Kong to deliver a keynote speech on the theme of "Breaking the Matthew Effect," revealing the essence of unfair competition in the cryptocurrency market, and emphasizing that only by establishing a first-mover advantage and independent thinking ear...

Who will replace AAVE as the new king?

Morpho and JupLend are narrowing the gap, but is this a true disruption or an illusion caused by external shocks? Looking back at the three phases of lending on Ethereum and Solana, the answer may be surprising.

Fu Peng 2026 First Public Speech: What Exactly Are Crypto Assets? Why Did I Join the Crypto Asset Industry?

The advancement of technology is driving the transformation of finance, and crypto assets are at the center of the storm.

Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith

"If you believe that this industry will grow 100 times in the future, with less competition and lower valuations, then now is the right time to invest. This is the path we have chosen."

The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait

CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League(UCL) and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.

Popular coins

Latest Crypto News

Read more