Everyone misunderstood him: Schreier's words about the likely delay of GTA 6 caused T2's shares to plummet.
Everyone Misunderstood Him: Schreier's Words on Possible GTA 6 Delay Tanked T2's Stocks
A recent comment by renowned journalist Jason Schreier about the potential delay of GTA 6 sparked a predictable market reaction. His suggestion in a podcast that the game, like Red Dead Redemption 2, might face release date shifts was taken as a confident forecast of a delay. This led to a 4.3% drop in the stocks of publisher Take-Two Interactive and active betting on release postponement.
Schreier himself called the situation "nonsense," emphasizing that he never claimed a 100% delay, merely considered the possibility based on the history of other major projects. But if everyone around "misunderstood" you, isn't it logical that you might have said something unclear?