Take-Two Shares Tumble as Grand Theft Auto VI Faces New Delay

Despite posting exceptional quarterly earnings, Take-Two Interactive witnessed its stock plummet by more than 8% in a single trading session. The sharp decline, the most significant in over a year, was triggered by the announcement of a further postponement for the eagerly anticipated Grand Theft Auto VI, now scheduled for a November 19, 2026, release.

While the delay initially appears to be a negative signal, some industry specialists perceive a calculated strategy. Joost van Dreunen, a gaming analyst from NYU, suggests that positioning the launch for the 2026 holiday shopping season is a savvy move. He notes that the later date allows for more extensive bundle promotions with console manufacturers and increased Read more...