3 Things Activision Blizzard's Management Wants You to Know
With Activision Blizzard's (NASDAQ: ATVI) stock up 70% since the beginning of the year, a lot was riding on the game maker's second-quarter performance. This year is a light one for new game releases, so investors were not expecting huge year-over-year increases in revenue and earnings. All that was needed was a sign of strong player engagement levels with existing games and positive comments from management about future growth opportunities -- especially updates on its esports bet, Overwatch League. And investors got exactly that.
Here are three important highlights from Activision Blizzard's latest conference call.
Destiny 2 is one of two highly anticipated releases expected in fall 2017. Image source: Activision Blizzard.
Source: Fool.com
Activision Blizzard Inc. Stock
€89.70
0.670%
Currently there is a rather positive sentiment for Activision Blizzard Inc. with 3 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 89 € is below the current price of 89.7 € for Activision Blizzard Inc., so the potential is actually -0.78%.
