Take-Two Confirms GTA VI's Nov. 19 Launch as Shares Jump 8% Despite Soft $8 Billion Outlook
Updated
Updated · Reuters · May 21
Take-Two Confirms GTA VI's Nov. 19 Launch as Shares Jump 8% Despite Soft $8 Billion Outlook
8 articles · Updated · Reuters · May 21
Take-Two shares rose about 8% in extended trading after the company reaffirmed that Grand Theft Auto VI will launch on November 19.
Annual bookings guidance still came in below Wall Street expectations, with the company projecting roughly $8 billion to $8.2 billion for the fiscal year.
The market reaction suggested investors focused more on certainty around the long-awaited release than on the weaker forecast.
CEO Strauss Zelnick said earlier Thursday that GTA VI marketing will begin in summer and that the game's price has not yet been disclosed.
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