Take-Two Interactive Delays GTA 6 Release: What To Know

Take-Two Interactive stock is higher even after the video-game maker delayed the release of Grand Theft Auto VI. Here's what you need to know.

closeup of Take-Two Interactive's Grand Theft Auto VI trailer
(Image credit: Leon Neal/Getty Images)

Take-Two Interactive Software (TTWO) stock is trading higher Friday as the video-game maker's better-than-expected bookings for its fiscal 2024 fourth quarter offsets news the company is delaying the release of Grand Theft Auto VI (GTA VI).

Starting with earnings. In the three months ended March 31, Take-Two said total net bookings decreased 3% year-over-year to $1.35 billion, which exceeded the high-end of its guidance range of $1.27 billion to $1.32 billion.

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Joey Solitro
Contributor

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.