This article first appeared on GuruFocus.
Take-Two Interactive Software (NASDAQ:TTWO) jumped about 5% on Thursday as investors bet that fresh details on Grand Theft Auto 6 could boost demand ahead of the game’s November release target.
The stock move followed rising chatter that Rockstar Games may release a third trailer on May 18 and open pre-orders around the same time.
Best Buy affiliates also reportedly received emails pointing to a May 18 launch window for pre-orders that could run through May 21.
The game has already faced multiple delays, after first being tied to a 2025 launch window and later pushed to May before landing on the current November target. The repeated shifts had weighed on Take-Two shares, which fell sharply after the prior delay.
Chief Executive Strauss Zelnick said in February that the schedule remained on track and that a marketing push was expected later in the year. The title is confirmed for PlayStation 5 and Xbox Series X|S at launch, while a PC version has not been formally disclosed.