Markets
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Max Knoblauch

Take-Two climbs on reports that “GTA 6” pre-order dates were leaked by a Best Buy email

Gaming publisher Take-Two is up about 6% in premarket trading on Thursday following reports that the preorder date for “Grand Theft Auto 6,” its juggernaut title 13 years in the making, was accidentally leaked overnight.

According to several accounts on X, an email purported to be from Best Buy to affiliates has revealed May 18 as the preorder date. “GTA 6” is currently set to release on November 19. A May preorder date would put to rest fears of another delay to the game, which some analysts expect to sell more than 25 million copies on day 1.

In a Thursday morning X post, Insider Gaming owner Tom Henderson wrote, “Insider Gaming has been able to independently verify that the GTA 6 Pre-Order from Besy Buy is legitimate.”

Take-Two shares climbed earlier this month on a note from Bank of America stating that it believes “GTA 6” will have an $80 price tag.

Take-Two declined to comment on the rumors in an email to Sherwood News. Best Buy did not immediately respond to a request for comment.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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