Take-Two's Stock Plummets Following GTA 6 Delay, CEO Reassures Anxious Shareholders
Gaming Industry/News

Take-Two's Stock Plummets Following GTA 6 Delay, CEO Reassures Anxious Shareholders

After announcing a delay for the highly anticipated GTA 6, Take-Two's stock dropped significantly. CEO Strauss Zelnick addressed concerns of investors, promising a commitment to quality and future growth.

Rockstar made headlines last Friday by unexpectedly announcing that the release of GTA 6 for consoles would be postponed until May 26, 2026, instead of the previously expected autumn 2025. This news was met with dissatisfaction from investors in Take-Two Interactive, Rockstar’s parent company, which saw its share prices decline by 15% following the announcement.

To mitigate investor panic, Take-Two issued a concurrent press release, aiming to assure shareholders that the situation was under control. CEO Strauss Zelnick stated, “We fully support Rockstar Games taking extra time to realize their creative vision for Grand Theft Auto 6.”

Zelnick also emphasized their commitment to achieving record financial results despite the delay, reminding stakeholders of the anticipated growth in Net Bookings for Fiscal 2026 and 2027. He mentioned, “As we continue to release our remarkable pipeline, we expect a multi-year period of growth and increased value for our shareholders.”

These statements seem designed not only to cushion the blow of the delay but also to maintain investor confidence in the company’s future.

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