Take-Two Dips as Video-Game Maker Preps $1 Billion Stock Sale
Grand Theft Auto VI is now slated to release in May 2026.
Source: Rockstar Games
Take-Two Interactive Software Inc. shares fell as much as 5% in extended trading after the company announced plans to sell $1 billion of new stock to investors.
The New York-based video-game maker plans to use the proceeds for general corporate purposes, including repayment of debt and future acquisitions, according to a statement Tuesday. The company declined to comment further on the sale.