Why Shares of Activision Blizzard Fell More than 27% Last Month
Shares of Activision Blizzard (ATVI) fell 27.6% to close at $49.88 last month. Activision Blizzard stock has now fallen 40% since the start of the fourth quarter and 21% in 2018. Activision Blizzard announced its third-quarter earnings results on November 8 and reported revenue of $1.66 billion, which was in line with estimates.