Shares in Take-Two Interactive dropped 7% on Thursday after the video game publisher announced that "Grand Theft Auto V" will be released in September, instead of in spring as previously stated.
Take-Two subsidiary Rockstar Games, which manages the best-selling "Grand Theft Auto" series, said in a statement that the delay was "to allow additional development time."
Delays are not unusual for "Grand Theft Auto" games or Take-Two. "Grand Theft Auto IV" was originally supposed to come out in October 2007, but instead came out in April 2008.
One of Take-Two's other big sequels this year, "Bioshock Infinite," was first announced for release in October 2012. It was pushed back to February of this year and then again to March.