Tag Archives: atvi

Activision Blizzard resets after hitting record high

After hitting a record high on Monday, video game publisher Activision Blizzard (ATVI) hit the pause button Tuesday. Activision stock was down a fraction in afternoon trading on the stock market today. Its shares hit an all-time high of 31.65 on Monday. Year to date, Activision stock is up 56%. The Santa Monica, Calif.-based company is benefiting from the sweet spot of the console upgrade cycle and the shift to digital downloads. These trends have

‘Destiny’ game takes Activision stock to new heights

Activision Blizzard (ATVI) stock hit an all-time high Thursday after the company announced the successful launch of “Destiny: The Taken King,” the latest chapter in the Destiny science-fiction action game saga. Activision shares reached 31.47 on the news Thursday afternoon. The stock was flat, near 31, in afternoon trading on the stock market today. “Destiny: The Taken King” broke the record for the most downloaded day-one game in Sony (SNE)

What You Need To Know About 2 New S&P 500 Members

Activision Blizzard (ATVI) and United Continental (UAL) are being added to the S&P 500. They’re replacing two buyouts: Pall (PLL) is being acquired by Danaher (DHR), and Hospira (HSP) is being bought by Pfizer (PFE). Here’s what you need to know about the two new additions: Activision Blizzard earns a 95 IBD Composite Rating. Earlier this month, the video game publisher reported better-than-expected second-quarter sales and earnings, which shot up