Take-Two Interactive Software, the parent company of Rockstar Games, experienced a 6.66% drop in market capitalization following the announcement that Grand Theft Auto VI`s release date would be postponed.
Before the news of the delay, Take-Two`s shares were trading above $235 each. Immediately after the information was released, the stock price fell sharply to $196. While it recovered some value, it settled at $219.5 before the weekend. Take-Two management promptly attempted to reassure investors via a letter, projecting record-breaking revenue figures for fiscal years 2026 and 2027.
Grand Theft Auto VI was officially announced in December 2023. Originally, the plan was to release the game on consoles in Autumn 2025. However, on May 2nd, Rockstar confirmed the new release date of May 26, 2026. The development team issued an apology for the delay, stating that the additional time would be used to ensure the final product meets fan expectations regarding quality.