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Take-Two Stock occurs a “Grand Theft Auto VI” delay

https://www.profitableratecpm.com/h3thxini?key=b300c954a3ef8178481db9f902561915


Idrees Abbas / Soup / Lightrocket / Getty Images

Idrees Abbas / Soup / Lightrocket / Getty Images

  • Take-Two Interactive Software Actions decreased on Friday after the company said it would delay the launch of its “Grand Theft Auto VI” Blockbuster video game.

  • The company promoted the launch of the game on May 26, 2026, since the scheduled date for the fall of autumn 2025.

  • JPMORGAN analysts were hooked on their “overweight” qualification in actions, but said that the new game of the game was far beyond the delays that the investors had planned.

Take-Two Interactive Software (Ttwo) The actions fell on Friday after the company said that it has delayed the launch of its video game blockbuster “Grand Theft Auto VI” until May 26, 2026, from the scheduled date for the fall 2025.

Take-Two said that his total property Rockstar Games label would launch the game in 2027.

“We support the Rockstar Games fully taking an additional time to realize their creative vision for Grand Theft Auto VI, which promises to be an innovative and starter entertainment experience that exceeds the expectations of the audience,” said Strauss Zelnick, Take-Two’s CEO. “While we take the movement of our titles seriously and thank the great and deep global anticipation for Grand Theft Auto VI, we remain firm in our commitment to excellence.”

JPMORGAN analysts were hooked on their “overweight” rating for actions, but said that the new video game time line was far beyond the delays that investors had planned. “We believe that investors were seen with a delay potential” in the winter of this year, analysts wrote, “but not in mid -2016”.

Analysts added that the postponed game could give Take-Two Rival Electronic Arts (Pit) “A window to launch” its “Battlefield” play franchise during 2026 exercise, although they said they believed that the risk of a “delay is limited”.

Take-TWO shares, which reports the 2025 fiscal results of the fourth quarter on May 15, were 28% since the start of the year. They fell more than 8% shortly after the opening bell.

Read the original item at Investopedia



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