ATVI intrinsic value
As Activision Blizzard Inc. faces a backlash from the gaming community for siding with China over the Hong Kong protests, one analyst is concerned that. . .
Activision Blizzard Inc. shares are rising again in premarket trading Friday after the company announced that "Call of Duty: Mobile" has racked up more than 35 million downloads since its launch earlier this week. Activision President Rob Kostich said in a release that the game was "on its way to becoming the 1 ranked iOS app in downloads overall, not only among games, but also among all apps, in 100 countries. " Shares of the videogame publisher climbed 3. 5% in Thursday trading after analysts weighed in on third-party download data. "While it's too early to gauge the longevity of any contribution, the early results are a positive indication of consumer willingness to engage with the game and spend money, " wrote Jefferies analyst Alex Giaimo. "We believe the early success of 'CoD Mobile' provides additional cushion to Activision's 4Q guide, helping to mitigate reliance on 'Modern Warfare' and investor concern around Activision's 2Q comments of a 'wider range of possible outcomes' in 2H19. " On Wednesday, however, Bernstein analyst Todd Juenger downgraded the stock, warning of "too much hope" around the company's 2019 slate and future releases. The shares are up 11% over the past three months, while the S&P 500 has lost 2. 8%.
Shares of Activision Blizzard Inc. are down more than 3% in midday trading Wednesday after Bernstein analyst Todd Juenger cut his rating to underperform from. . .
Shares of Activision Blizzard slip after receiving a downgrade by analysts at Bernstein, who write that investors are 'paying too much for hope' surrounding expectations of recently released mobile versions of its 'shooting' games.
Activision Blizzard (ATVI) is expected to benefit from Call of Duty franchise strength following the launch of Black Ops 4's new content season.
Activision Blizzard, Inc. (NASDAQ: ATVI) looks to have several things going for it from its past, with a new “World of Warcraft Classic, ” and from the future with a. . .
Activision Blizzard shares receive an upgrade from analysts at Nomura Instinet, who note its recent and upcoming game launches are generating positive sales and buzz.
Activision Blizzard, Inc (NASDAQ:ATVI), Best Buy Co., Inc. (NYSE:BBY) - Barron's Picks And Pans: Activision Blizzard, Best Buy, Coca-Cola, Microsoft And More
This weekend's Barron's cover story offers a look at biotechnology companies developing cutting-edge drugs. Other featured articles discuss the outlook for stocks and. . .
Excitement over the release of "World of Warcraft Classic" has shares of Activision Blizzard, Inc. (NASDAQ: ATVI) trading higher on Tuesday. Not only does Activision. . .
Activision Blizzard Inc. shares rose Tuesday after the video game publisher re-released its classic World of Warcraft game to subscribers at no additional. . .