Evaporate 3 billion US dollars! T2 market value continues to plummet due to the delay of GTA6

Evaporate 3 billion US dollars! T2 market value continues to plummet due to the delay of GTA6

Since Rockstar Games announced on November 6th that they would once again postpone the release of Grand Theft Auto 6, Take Two Interactive’s market value has evaporated by approximately $3 billion. This most anticipated game in the past decade is now scheduled to be released on November 19, 2026.

The company’s stock price plummeted by 9% in just a few days, from $252 to around $231, and continues to be under pressure. The market reaction was swift and abnormal: one minute after Rockstar’s social media announcement, the stock price began to decline. And this delay completely overshadowed the impressive financial performance. Take Two’s Q2 revenue reached $1.96 billion, 33% higher than Wall Street’s expectations.

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Although the CEO of the company is very optimistic about the prospects, it is predicted that Take Two will set a revenue record in the 2027 fiscal year after the release of GTA6. The company expects net revenue to reach approximately $6 billion during the game release year. But the fact that the $3 billion market value has evaporated also exposes investors’ tolerance for continued delays has reached its limit. As of November 10th, although the stock price has rebounded to $235.17, it is still 6.5% lower than the peak of $252 before the announcement. For this super IP series, which has sold over 220 million copies of its predecessor alone, every month of delay means a delayed entry of billions of dollars in potential revenue.

GTA6 has been confirmed to be released simultaneously on the PS5 and Xbox Series X | S platforms on November 19, 2026. The PC version has not yet been released, which is in line with Rockstar’s consistent release strategy of prioritizing console platforms.

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