Activision Continues to Outperform

Activision Blizzard (NASDAQ: ATVI) continues to benefit greatly from increased video game growth and popular content offerings. The gaming giant has been gaining as people spend more time at home, thanks to lockdown measures contributing to live events being cancelled, and larger gatherings put on hold. The company's strong quarterly results support this thesis.

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On Aug. 2, the Santa Monica, California-based company reported a second-quarter (ended June 30) revenue increase of 38% year over year, boosted by increased customer engagement and audience gains. In addition, the player base grew by 100 million monthly active players, or 30%, year over year.

Source Fool.com