Activision Blizzard, Inc. (Nasdaq:ATVI)
February 11th, 2019
Activision Blizzard, Inc. fell ($3.30) Monday which equals a 7.60% drop, closing at $40.11. Activision Blizzard, Inc. is expected to release a new earnings report tomorrow. As well as the drop in value, Activision Blizzard, Inc. hit a new 52 week low of $39.85, breaking the previous low of $42.53 from earlier this month. Despite the drop in value, trading volumes were solid at 384.00% of normal which can indicate investor opportunities.
ATVI was outperformed by the rest of the Communication Services sector which went down just -0.63%.
Activision Blizzard, Inc. is listed on the S&P 500 index, and was one of 183 stocks that dropped today. Weighted by market cap, ATVI represents about 0.12% of the S&P 500.
Activision Blizzard, Inc. is listed on NASDAQ 100, and was one of 41 stocks that slumped today. Weighted by market cap, ATVI represents about 0.12% of NASDAQ 100.
Expectations from 28 analysts points to the possibility that Activision Blizzard, Inc. could go up significantly (39.46%), while Finbox has calculated (with low uncertainty) a fair value price of $43.48.
The market sectors were mixed Monday with a majority of the sectors trending up. Industrials saw the biggest increase of the day (0.55%), while Communication Services saw the biggest drop (-0.63%). Industrials has seen the biggest year-to-date gain at 13.28%.
Energy saw the biggest turnaround from its 5-day performance of -3.25%, as it went up 0.46%. Utilities saw a turn around from its 5-day performance of 2.00% trading down -0.08%.
- Industrials went up with a 0.55% change.
- Energy went up with a 0.46% change.
- Financials went up with a 0.25% change.
- Real Estate went up with a 0.23% change.
- Consumer Staples went up with a 0.21% change.
- Materials went up with a 0.19% change.
- Consumer Discretionary went up with a 0.18% change.
- Information Technology stayed even with a 0.00% change.
- Utilities went down with a -0.08% change.
- Healthcare went down with a -0.13% change.
- Communication Services went down with a -0.63% change.
Activision Blizzard, Inc. Info
Activision Blizzard, Inc. develops and distributes content and services on video game consoles, personal computers (PC), and mobile devices. The company operates through three segments: Activision Publishing, Inc.; Blizzard Entertainment, Inc.; and King Digital Entertainment. The company develops, publishes, and sells interactive software products and entertainment content for the console and PC platforms through retail and digital channels, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies; and offers downloadable content. It also maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games; and develops and publishes interactive entertainment content and services primarily on mobile platforms, such as Android and iOS, as well as distributes its content and services on the PC platform primarily through Facebook. In addition, the company engages in creating original film and television content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. Its products include various genres, including first-person shooter, action/adventure, role-playing, strategy, and others. The company serves retailers and distributors, including mass-market retailers, first party digital storefronts, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements in the United States, Australia, Brazil, Canada, China, France, Germany, Ireland, Italy, Japan, Malta, Mexico, the Netherlands, Romania, Singapore, South Korea, Spain, Sweden, Taiwan, and the United Kingdom. Activision Blizzard, Inc. was incorporated in 1979 and is headquartered in Santa Monica, California.
All amounts in USD unless otherwise indicated
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