10:00 AM EDT, 05/02/2025 (MT Newswires) -- (Updates with additional details throughout. Adds stock move in the headline and fourth paragraph.)

Take-Two Interactive Software ( TTWO ) said Friday its Rockstar Games label has pushed back the release date for Grand Theft Auto VI to May 26, 2026 from the original launch this fall.

Take-Two also reiterated its expectation that it will achieve sequential increases in, as well as "record levels" of, net bookings in fiscal 2026 and 2027.

The company's fiscal Q4 results are expected on May 15.

Take-Two shares were down 7% in recent trading.

Price: 219.02, Change: -16.15, Percent Change: -6.87