More Analysts Turning Bullish on Activision Blizzard Stock
Activision Blizzard (NASDAQ: ATVI) is starting to get some love in recent weeks after what has been a difficult year. Tough competition from industry stalwarts and the emergence of free-to-play mobile games had Activision stock on the ropes, driving its shares down more than 50% at some points over the past 52 weeks.
But that renewed interest is making the stock a compelling value for would-be investors looking for a bargain.
As I highlighted just last week, the company's release schedule for the remainder of this year and the enthusiastic reception to World of Warcraft: Classic among gamers, led a number of analysts to conclude that the future looks bright for the company.
Source Fool.com