Video game developer Take-Two Interactive (TTWO) — which owns publishers Rockstar Games and 2K — divulged that the long-awaited Grand Theft VI will be...
in the fall of 2025. The stock is reacting in pre-market trading to the company's fiscal first-quarter earnings which reported a net loss of $2.9 billion.Video Transcript
When it comes to analysts commentary, you got Jeffries out saying that yes, the results may have better than feared bookings beating expectations but the full year 2025 guidance coming in, came down here for the third quarter in a row and then you've also got Grand Theft Auto not launching now until delayed time frame of fall 2025.
But that also gives you a little bit of the mindset into the consumer that's in a GING realm and trying to figure out, ok, where does it make sense for me to pay more in the in app or in game experience here? So that kind of being one of the common denominators or the threads uh in these gaming companies right now.
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