Technology
Why Activision Blizzard Stock Popped Today – Motley Fool
More people are playing the company’s video games than ever before.
What happened
Shares of Activision Blizzard (NASDAQ:ATVI) rose on Wednesday after the video-game maker delivered impressive first-quarter financial results. As of 3 p.m. EDT, its stock price was up more than 3% after rising as much as 6.9% earlier in the day.
So what
Activision Blizzard’s revenue surged 27% year over year to $2.28 billion. This growth was driven by strong sales of the company’s core franchises, including Call of Duty, World of Warcraft, and Candy Crush.
“Demand for our content…
-
Noosa News23 hours agoMeasles alert: Australia Zoo, Hospital ED, Sushi Hub, Holey Moley Mini Golf and train stations among QLD infection sites
-
Business23 hours ago1 ASX dividend stock down 43% I’d buy right now
-
Noosa News23 hours agoBanana farmers still salvaging fruit four weeks after ex-Tropical Cyclone Alfred
-
Noosa News10 hours agoNew self-serve style chip shop, Chip ‘n’ Mix, in Noosa becomes an instant obsession