Take-Two Interactive Software Shares Fall After Leak of Grand Theft Auto Trailer
Shares of video game publisher Take-Two Interactive Software dropped up to 4% in after-hours trading on Monday following the release of the trailer for the next Grand Theft Auto game, set to be released in 2025. Originally planned for release on Tuesday, Dec. 5, a leak led to the company moving up the trailer’s release.
The leaked video originally appeared on the account @Gta6trailerleak on Twitter, and was later published by Rockstar Games, a subsidiary of Take-Two, on YouTube. The account that posted the video was then suspended by Twitter.
The release of Grand Theft Auto VI is expected to have a significant impact on Take Two’s shares. The previous version, Grand Theft Auto V, released in 2013, is now the second best-selling video game in history, with over 190 million copies sold, only behind Microsoft-owned Minecraft, which has sold over 300 million copies.
Fans have eagerly awaited details about the new game for years, and anticipation has been building since Rockstar’s founder, Sam Houser, announced in November that the trailer would be released in December.
” As the label approaches its 25th anniversary next month, we congratulate Rockstar Games on their constant innovation in the pursuit of the highest quality interactive entertainment,” Take-Two CEO Strauss Zelnick said on a November conference call.
The release of the new trailer has garnered significant attention from the gaming world.
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