Take-Two Interactive Stock Drops as ’GTA 6’ Delay Overshadows Strong Financials
Take-Two Interactive shares fell 8% Friday, ranking among the S&P 500's worst performers, after the company pushed back the release of Grand Theft Auto VI to November 2026. The delay eclipsed robust quarterly results and forward-looking projections from the video game publisher.
CEO Strauss Zelnick maintained confidence in Rockstar Games' ability to deliver "an unrivalled blockbuster experience," but investors reacted to the extended timeline for the franchise's next installment. The stock decline reflects market sensitivity to timeline shifts for marquee titles, even when accompanied by strong fundamentals.