StockNews.AI
TTWO
StockNews.AI
84 days

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Take - Two Interactive Software, Inc. - TTWO

1. Pomerantz LLP investigates claims of securities fraud against Take-Two. 2. Investors advised to contact for potential class action participation. 3. Rockstar's GTA VI delayed release caused a 6.66% stock price drop. 4. The release is now set for May 26, 2026. 5. Historically, delays can negatively impact investor confidence and stock prices.

3m saved
Insight
Article

FAQ

Why Bearish?

The delayed release of GTA VI negatively affects investor sentiment. Historical instances show that delays often lead to stock declines, as seen in similar scenarios with gaming companies.

How important is it?

The investigation and stock drop are significant for current investor confidence and future performance.

Why Short Term?

Immediate concerns about stock performance arise from the recent announcement. Delays can deter investors until new releases provide revenue promise.

Related Companies

Pomerantz LLP is investigating claims on behalf of investors of Take-Two Interactive Software, Inc. ("Take-Two" or the "Company") (NASDAQ:TTWO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Take-Two and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]On May 2, 2025, Take-Two's video-game studio Rockstar Games ("Rockstar") announced that its highly anticipated video game Grand Theft Auto VI "is now set to release on May 26, 2026." Rockstar had previously projected a release date in the fall of 2025.On this news, Take-Two's stock price fell $15.67 per share, or 6.66%, to close at $219.50 per share on May 2, 2025.Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.Attorney advertising. Prior results do not guarantee similar outcomes.SOURCE: Pomerantz LLP

Related News