Take-Two Interactive’s share price fell by up to 10% as the US stock market opened, reacting to the announcement that Grand Theft Auto 6 has been delayed until May 26, 2026. This delay means the game will miss the current financial year ending March 31, 2026.
The share price closed at 235.17 points on Thursday but opened around 211 points on Friday, marking a drop of near 10%. Since then, it has fluctuated between a 7% and 9% decrease compared to Thursday’s close.
Despite the setback, Take-Two CEO Strauss Zelnick expressed confidence in the company’s outlook. He stated that Take-Two still aims to reach record net bookings in Fiscal Year 2026 and again in Fiscal Year 2027.
“While we take the movement of our titles seriously and appreciate the vast and deep global high hopes for Grand Theft Auto VI, we remain steadfast in our commitment to excellence,” Zelnick said. “As we continue to release our phenomenal pipeline, we expect to deliver a multi-year period of growth in our business and enhanced value for our shareholders.”
Other significant releases from Take-Two this year include Borderlands 4, which has been moved forward to a September 12 release date from the original September 23. The publisher is also preparing Mafia: The Old Country, which is described as starting a new crime saga within the Mafia franchise.
Last month, a Steam blog post briefly suggested an August 8 release date for Mafia: The Old Country, but this was quickly edited. Neither Take-Two nor 2K has officially confirmed the release date yet.
