Summary:
⚈ TTWO remained slightly red, likely due to 2026 launch delay announcement
⚈ Despite dips, stock is up 23.21% YTD, outperforming the broader market
Take-Two Interactive (NASDAQ: TTWO) stock began the Tuesday, May 6 session with uncertainty rapidly changing direction within minutes as Rockstar Games – one of its subsidiaries – released the second trailer for the upcoming Grand Theft Auto VI (GTA 6).
The TTWO share whipsaw in the first hour of trading, however, generally kept the equity mildly in the red despite it usually reacting positively to GTA 6 developments, likely due to the fact the trailer came mere days after the video game’s launch date was postponed to 2026.
Furthermore, examining the publisher’s stock market reaction to the previous promotional video, it is likely that a major move will be absent in 2025 as well.
Interestingly, Take-Two equity’s performance in both instances has been similar as it featured a steep decline, followed by a slow climb and, finally, a modest daily gain upon the trailer’s release.
Despite the situation, TTWO remains a worthwhile investment. The stock has, since 2025 started, significantly outperformed the broader market as it is up 23.21% year-to-date (YTD) with its press time price of $224.34.
Additionally, though the drop following the GTA VI delay has been steep and ensured Take-Two shares ended May 2 nearly 7% in the red, they have been regaining ground and are 3% above the May 2 bottom of $219.50.
Featured image via Shutterstock
