
Activision Blizzard, Inc (NASDAQ:ATVI) was trading slightly lower as the stock headed into its third-quarter earnings print, expected after the market close Monday.
When Activision Blizzard printed a second-quarter revenue beat Aug. 1, the stock slid about 1% lower the following day before rallying almost 2% over the two trading days that followed. The stock then entered into a downtrend, declining over 12% between Aug. 5 and Monday.