Take Two's GTA6 Delay Weighs on Stock

about 1 month ago

Carmen Reini

"Take 2 Interactive Software, which is ticker TTW. It's down about 7% right now after it had an earnings report, which also included it saying that it's postponing Grand Theft Auto 6 again to November 2026. So, this game is something that's been like highly anticipated by players and Wall Street investors. They've already pushed back the release of it previously, which also had sort of negative implications for the stock. Not surprising to see this sell-off here."

The speaker highlights that Take Two (TTW) is experiencing a roughly 7% decline after postponing GTA6 to November 2026. The delay, in addition to prior postponements, has negatively impacted investor sentiment, despite earnings beat in bookings and adjusted earnings.

Related Stocks