Take-Two Shares Face Investor Backlash Over Grand Theft Auto VI Delay

Video game powerhouse Take-Two Interactive delivered a financial rollercoaster for investors this week, presenting stellar quarterly results alongside disappointing news about its most anticipated title. The contrasting developments created significant volatility, with shares experiencing substantial after-hours pressure as the market digested both the strong operational performance and the delayed blockbuster release.

Take-Two’s second quarter fiscal 2026 financial report demonstrated remarkable strength across key metrics:

• Revenue reached $1.77 billion, representing a substantial 31 percent increase compared to the same period last year
• Net Bookings achieved a record $1.96 billion, climbing 33 percent year-over-year
• Reduced Losses showed significant improvement as the net loss narrowed dramatically Read more...