As the wildly unpopular announcement of Rockstar Games delaying Grand Theft Auto VI from 2025 until mid-2026 came earlier this morning, shares for Take-Two Interactive Software, Inc. (NASDAQ: TTWO), its parent company, fell by 10% in pre-market trading (via FT).
At the time of writing, Take Two stock rests at -8.92% and almost appeared to be crawling steadily upwards before that, offsetting some of the shocking drop, but it didn't last. The decision wasn't a surprise to the parties involved, as evidenced by Take-Two's press release that came alongside Rockstar Games' announcement, and its CEO offered some reassurance.
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