Scalper1 News
Video game publisher Activision Blizzard (ATVI) didn’t get a big bounce from December-quarter earnings like its peers Electronic Arts and Take-Two Interactive Software. But it did experience a change in sentiment to the positive in trading Friday. Activision stock was down as much as 7% from Thursday’s close in morning trading Friday. But by midday it was up more than 1% to a more than four-month high. By midafternoon trading on the stock market today, however, Activision stock was down a fraction, below 22. Late Thursday, Activision reported Q4 earnings that beat expectations, but sales in the holiday quarter came up short. The Santa Monica, Calif.-based company earned 94 cents a share excluding items, up 19% year over year, on sales of $2.21 billion, down 3%. Analysts polled by Thomson Reuters expected 88 cents and $2.24 billion. “2014 was another successful year as we achieved record results and introduced new… Scalper1 News
Scalper1 News