Rockstar's Grand Theft Auto 6 has been postponed to May 26, 2026, leading to an 8% decline in Take-Two Interactive's stock price, erasing billions in market capitalization. Despite the negative market reaction, Take-Two reassured investors about expected revenue growth in Fiscal years 2026 and 2027. While coping with the delay, Take-Two still supports upcoming releases like Mafia: The Old Country and Borderlands 4. CEO Strauss Zelnick emphasized the importance of allowing Rockstar to refine its vision for the game, shedding light on Rockstar’s intention to mitigate developer crunch.
Shares of Take-Two Interactive slid approximately 8% following the announcement of the delayed Grand Theft Auto 6 release, representing a significant market capitalization loss for the company.
Take-Two maintains confidence in sequential increases and record levels of net bookings for Fiscal 2026 and 2027, even as investors react negatively to the GTA 6 delay.
Despite the delay, Take-Two's other titles, such as Mafia: The Old Country and Borderlands 4, are still set for release this year, providing some reassurance to investors.
Take-Two's CEO Strauss Zelnick expressed strong support for Rockstar's decision to delay the game, emphasizing the importance of allowing developers time to achieve their creative vision.
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