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Take-Two Interactive Software fell on Friday after the company said it will delay the launch of the “Grand Theft Auto Vi” video game.
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The company prompted the release of the game until May 26, 2026, from the expected autumn release date.
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JPMorgan analysts adhered to classifying “weight gain” on stocks, but they said that the new timeline of the game was beyond the delay that investors expected.
Take-TWO program (TTWOThe shares fell on Friday after the company said that it was late in launching the popular video game “Grand Theft Auto VI” to May 26, 2026, from the date of the autumn issuance of 2025 expected.
Take-Two said that the Rockstar Games brand is fully owned by the game during the year 2027 in the year.
“We support the entire Rockstar games in spending additional time to achieve its creative vision of the Grand Theft Auto VI, which is that it is a leading recreational experience, exceeding the audience’s expectations,” said Steinos Zellnick, CEO of Take-Two. “While we take the movement of our titles seriously and appreciate the vast and deep global expectation of Grand Theft Auto VI, we are still constant in our commitment to excellence.”
JPMorgan analysts adhered to classifying “weight gain” for the share, but they said that the new video game schedule was beyond the delay that investors expected. Analysts wrote: “We believe that investors have prepared for a simple, possible delay,” for the winter of this year, but certainly not in mid -2016. “
Analysts added that the game that was postponed can give electronic arts competing (EA“A Battlefield” window in the fiscal year 2026, although they said they believed that the danger of “additional delay is limited”.
Take-Two shares, which are reported in 2025 in the fourth quarter on May 15, entered 28 % since the beginning of the year. They fell more than 8 % shortly after the opening bell.
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