Take-Two stock takes punch after BioShock 2 delay
Shares of Take-Two Interactive took a hit overnight after the company announced BioShock 2's delay to the first half of 2010. After-hours trading saw the stock drop 13 percent. Today, during regular trading hours, the stock has hovered around a 10-percent loss.
It's unlikely that a delay of Max Payne 3 or Mafia II would have caused investors to notice. GTA IV's DLC, The Ballad of Gay Tony, would have most certainly given the market agita if it had been delayed, but it still appears ready to come out all fabulous this fall.
It's unlikely that a delay of Max Payne 3 or Mafia II would have caused investors to notice. GTA IV's DLC, The Ballad of Gay Tony, would have most certainly given the market agita if it had been delayed, but it still appears ready to come out all fabulous this fall.






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Reader Comments (Page 1 of 1)
hunter2223 @ Jul 14th 2009 1:10PM
You'd think that a delay into the drought that is Spring would help sales of the title and ultimately stock prices. Must be a Fiscal Year and profits projection thang.
JayVe @ Jul 14th 2009 1:56PM
Investors don't realize that a better game will help Take-Two in the long run a lot more than a holiday release would.
The good news is that the stock is now under-valued due to a knee-jerk reaction from investors on this news. Time to buy some stock!
Zinger314 @ Jul 14th 2009 1:15PM
Proof that Joystiq loves iPhones.
j.howlett @ Jul 14th 2009 1:19PM
alot of them packing iphones for e3 wasn't proof
MowDownJoe @ Jul 14th 2009 1:22PM
Ehh, Chris Grant is an Apple fanboy. You can just hear the utter distain for Windows in his voice during the Podcast whenever PC games come up.
rTwelve @ Jul 14th 2009 1:59PM
are you suggesting they..... "iPhone It In?"
Squirtforce @ Jul 14th 2009 1:17PM
BUY! BUY! BUY!!!!
The_Punisher @ Jul 14th 2009 1:22PM
The House of Pain
Storm Eagle::The Blood Edge @ Jul 14th 2009 1:18PM
Now that's EXTREME STOCKING.
I also sent in a tip, though I'm not sure if this effected it much, but they confirmed that GTA V would be skipping 2010 altogether.
leo @ Jul 14th 2009 1:30PM
correction they said a MULTIPLATFORM GTA V wont release, not that it wont release
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Jul 14th 2009 1:43PM
MP or not whats the difference?? you not expecting it to be on one system....surely...
J-Link @ Jul 14th 2009 1:23PM
Wow, all this over Bioshock 2? Right now I'm not sure about Bioshock 2, I just dont know if it can live up to Bioshock.
Snake Robot Podium @ Jul 14th 2009 2:02PM
Yeah it's crazy that a new IP could hold so much weight. (Regardless of whether it should be made).
Look's like the pressure is on for Mirror's Edge and Dead Space.
JayVe @ Jul 14th 2009 2:29PM
@ Snake Robot Podium
Except, Bioshock 2 is not a 'new IP' any longer. Bioshock WAS a new IP. The sequel is not. If there was such brouhaha over the original prior to it's launch, I would agree with you. But the reason there is such a stink over the delay is because the original is already a known factor of quality. People's expectations have been set that 'Bioshock = awesome' and therefore a delay is cause for some concern.
Also, Mirror's Edge, Dead Space, Uncharted, are no longer 'new IP' since the games have already been released. Games like Borderlands ARE still new IP.
Omega2k3 @ Jul 14th 2009 9:17PM
Take a second glance at that chart again. While it did drop noticeably, look at the scale. That mofo is zoomed in pretty far.
skyzbig @ Jul 14th 2009 1:25PM
This story was brought to you by Michael Pachter.
Fat Tony 117 @ Jul 14th 2009 1:44PM
I'm ok with the delay actually, It gives me more time to buy and play the first Bioshock. Gotta get around to that sometime...
Heimbachae @ Jul 14th 2009 1:57PM
i'll sell you mine. not that it wasn't a good game, it's just been sitting on the shelf for some time now, and it's in need of some more lovin'
NOT ME @ Jul 14th 2009 8:38PM
You'll have more than enough time with normal difficulty you'll beat in a weekend like most.....
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Jul 14th 2009 1:31PM
People trying to make money that way....sell off now and then start buying agian a few weeks before the start of the Holiday season. No Big Deal
ColorblindMonk @ Jul 14th 2009 1:36PM
C-C-C-C-Combo breaker!
Neuromancer @ Jul 14th 2009 1:43PM
This wouldn't have happened if they'd announced Ken Levine's new project at E3. Just sayin'.
Marty @ Jul 14th 2009 1:52PM
That looked like an impressive drop until I realized it was only about 80 cents.
Sure, that's 10% of the stock's worth - so if you owned a ton of Take Two, you might have lost a little bit of capital there, but it'll come back when BioShock 2 actually comes out.
Courtney @ Jul 14th 2009 1:58PM
I really dislike it when charts are crazy blown up to throw a gain or loss way out of proportion.
Douche Bigalow @ Jul 14th 2009 1:53PM
I don't know if you can blame that all on Bioshock 2. I hear Tim Geithner muttered something asinine around the same time.
Snake Robot Podium @ Jul 14th 2009 1:58PM
Well, I guess we know why recent Eidos and Midway games always felt like they needed a little more time in the oven. Thanks capitalism!
Mr. M @ Jul 14th 2009 1:59PM
Misleading graph is very misleading..
DKiller79 @ Jul 14th 2009 1:59PM
ouch
Manly Mcbeefington (Mr. ESC) @ Jul 14th 2009 2:10PM
SMAAAASH!
ChiTownRuler23 @ Jul 14th 2009 5:22PM
I wouldn't sweat it it looks like T2 has some good games up their sleeves, and if i had enough money i would be buying some T2 stock right now cause by the winter you WONT be regretting it.
LongShortTrader @ Jul 14th 2009 6:01PM
TTWO might be a buy now:
http://www.minyanville.com/articles/MSFT-ERTS-sne-ttwo-ntdoy/index/a/23542
Diskoboy7 @ Jul 15th 2009 4:44PM
2010!!???
Well, crap.