The Latest Breaking News from Activision Blizzard

Wall Street reportedly bets the deal will fail, though.

Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp's $68.7 billion proposal to buy the "Call of Duty" maker. More than 98% of the shares voted at a special meeting held earlier in the day were in favor of the proposed transaction, the Santa Monica,…

After months of Activision Blizzard lawsuits, 'Overwatch 2's beta is finally out. A surprising number of fans are revisiting the game, but will it last?

Analysts offered their views on Activision Blizzard, Inc (NASDAQ:ATVI) post Q1 FY22 results. Raymond James saw ATVI's Q1 results significantly below expectations, driven by continued weakness in Call of Duty and a low ebb of content in Blizzard.  It continued to see sizable headwinds for Call of Duty through the rest of the year until the anticipated release…

Activision confirms that the next iteration of its battle royale is getting a reveal in 2022.

Rosenblatt analyst Blair Abernethy reiterated a Buy rating on Microsoft Corp (NASDAQ:MSFT) with a price target of $349. The price target implied an upside of 27.7%. Microsoft looks to report its Q3 FY22 results on March 26 after market close.  Also Read: Activision Blizzard Registers 22% Revenue Decline In Q1, Ditches Outlook Due To Microsoft Deal…

Activision Blizzard Inc (NASDAQ:ATVI) reported a first-quarter FY22 net revenue decline of 22.3% year-on-year to $1.77 billion missing the consensus of $1.80 billion. Q1 Net bookings were $1.48 billion. Product sales declined 42.8% Y/Y to $386 million. In-game, subscription and other revenues decreased 13.6% Y/Y to $1.38 billion. Non-GAAP EPS of $0.64 missed…

US billionaires now own a combined $4.7tn, according to a new analysis – but to Elon Musk, since he doesn’t have a yacht or own a home, that’s totally OK

The Daily Mail dropped two stories detailing Activision’s Bobby Kotich’s abuse of an ex after threats by Meta executive, WSJ reports

Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 20 years by 8.84% on an annualized basis producing an average annual return of 16.17%. Currently, Activision Blizzard has a market capitalization of $61.47 billion.

The board has been criticized for sticking by CEO Bobby Kotick amid allegations of the company's toxic culture.