Take-Two (TTWO) Stock Falls as GTA 6 Leaks Trigger Subpoenas Against Microsoft and Discord
TLDR
- TTWO stock fell from ~$248 to the low $230s, losing roughly $2.8 billion in market cap before recovering to $240.15
- Leaked GTA 6 footage, posted under the alias “CyberLeek,” suggests access to a working executable build of the game
- Take-Two has filed DMCA subpoenas against Microsoft and Discord to identify the leaker
- Fake GTA 6 downloads circulating on piracy sites have been found to contain malware
- An official Rockstar GTA 6 presentation is scheduled on Netflix at 3 p.m. ET on August 27
Take-Two Interactive saw its stock drop sharply this week as a wave of Grand Theft Auto VI gameplay footage surfaced online, raising fears that someone has access to a working build of the game ahead of its November 19 launch.
TTWO was trading around $248.13 before the leaked content began circulating on August 18. The stock fell into the low $230s before recovering to $240.15, leaving approximately $1.5 billion of the initial $2.8 billion market cap loss unrecovered.
Take-Two Interactive Software, Inc., TTWO
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