Take-Two Interactive (TTWO) saw shares drop 8.1% due to the delay of Grand Theft Auto VI to November 2026, the second postponement of the highly anticipated title. The stock is down over 10% from its October high, raising concerns about meeting development commitments. The decline brings TTWO dangerously close to its 200-day moving average, with options traders predicting a drop to $205 by mid-January. While second-quarter earnings exceeded estimates, focus remains on GTA VI as a key driver of the company’s valuation. Despite delays, Wall Street firms still rate Take-Two stock as a ‘Buy’ with a mean target of $273, indicating potential upside of 18%.

Read more at Barchart: Take-Two Just Delayed GTA 6… Again. Is TTWO Stock About to Break Its Key 200-Day Moving Average?