Take-Two stock takes hit on reports of GTA VI delays
Take-Two Interactive Software's (TTWO) stock is dropping Monday on reports that the release of its long-awaited Grand Theft Auto VI — set for 2025 — could be delayed, according to Kotaku. Yahoo Finance Live observes the game developer's stock movement.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Video Transcript
- Take-Two Interactive's highly anticipated game, Grand Theft Auto Six, Akiko, I know you've been waiting. Reportedly facing a possible delay for its launch, so this one's interesting to take. It a temple there. It's down about 5% in today's trade. It does look Akiko like it was due to this headline from Kotaku, reporting that production of Grand Theft Auto Six, which, of course, has a blockbuster has a lot of fans and investors excited.
That had started again reportedly to fall behind, could miss its 2025 release window? They were citing two sources for the support who apparently saying that Rockstar Games, which is the unit behind the game, still looking for the game to release in the spring of 2025, but could be the fall instead or maybe even 2026, again, according to this report. So that explains, I think the downtick.
- A lot of goods in there, but, I mean, it does point to just what a blockbuster franchise. This is right are you a gamer?
- I'm not a gamer. I'm not anti-gaming, but I am not myself a gamer now.
- I remember the last time I played Grand Theft Auto.
- No, no. So to non-gamers.
- Don't forget Dan back on the side. Dan Howley for sure has been watching this one closely.
