Take-Two Interactive lowered its sales outlook for Grand Theft Auto 6 despite confirming its November launch date.
Take-Two Interactive (TTWO) saw its stock decline after the company reduced its sales expectations for *Grand Theft Auto 6*, despite reaffirming the game’s November 19 release date. The publisher exceeded Wall Street’s fiscal fourth-quarter earnings targets but disappointed investors with weaker guidance for the upcoming year.
Analysts had anticipated stronger projections following the game’s long-awaited launch, which marks the first major installment in the franchise since 2013. Take-Two’s prior quarterly performance had met expectations, but the revised outlook raised concerns about demand or pricing strategies.
Shares fell in response to the announcement, reflecting investor unease over the revised forecast despite the confirmed timeline for the highly anticipated title.