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

By: bitcoin ethereum news|2025/05/02 14:45:01
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/

-- Price

--

You may also like

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com