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Activision Blizzard's 'Diablo 4' Shatters Sales Records, But In-Game Shop Prices Spark Controversy
Wednesday, June 7, 2023 - 3:56pm | 465Activision Blizzard Inc (NASDAQ: ATVI) has declared "Diablo 4" as the fastest-selling game in the company's history. Although Blizzard did not disclose specific sales figures, the game has garnered 93 million hours of playtime since its early access launch on June 1. See Also: ...
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Activision's Diablo IV Struggles With Server Overload Amid Massive Player Surge; Expansions In The Works
Tuesday, June 6, 2023 - 5:41pm | 616The highly anticipated release of Activision Blizzard Inc's (NASDAQ: ATVI) Diablo IV has been marred by persistent log-in issues as an influx of new players floods the servers. While gamers who had early access could play the game with a few issues, as the game became available to all...
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Licensing Error Plagues Activision Blizzard's 'Diablo IV' Early Access For PS5 Players
Friday, June 2, 2023 - 5:31pm | 476Activision Blizzard Inc's (NASDAQ: ATVI) "Diablo IV's" Early Access version has hit a snag, causing frustration among PlayStation 5 (PS5) players who are unable to access the game. According to Kotaku, this issue stems from a licensing error, with players encountering an "...
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Activision Blizzard's Diablo IV: In-Depth Beta Testing Promises Epic Launch
Wednesday, May 17, 2023 - 4:59pm | 404Joe Piepora, the associate game director of Activision Blizzard Inc.'s (NASDAQ: ATVI) upcoming "Diablo IV" aimed to alleviate fan concern surrounding the launch of the title, given the recent history of problematic AAA video game releases. In a recent interview with...
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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'
Thursday, April 27, 2023 - 3:37pm | 1070Video game giant Activision Blizzard Inc (NASDAQ: ATVI) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT) was being blocked by regulators in the United Kingdom. As shares sold off Wednesday,...
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Activision Blizzard Q4 Earnings Highlights: Net Bookings Record, Call Of Duty Performance, Microsoft Deal Update And More
Monday, February 6, 2023 - 5:39pm | 789Video game giant Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter and full fiscal year financial results after the market close Monday. Here are the key highlights. What Happened: Activision Blizzard reported fourth-quarter GAAP net revenue of $2.33 billion, down from $2.16 billion year-...
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Activision Blizzard Q3 Earnings: Revenue And EPS Beat, Call Of Duty Sales Record, Microsoft Acquisition Update And More
Monday, November 7, 2022 - 5:42pm | 626Video game company Activision Blizzard (NASDAQ: ATVI) reported third-quarter results after the market close Monday. Here are the key highlights and an update on a pending acquisition of the company by Microsoft Corporation (NASDAQ: MSFT). What Happened: Activision Blizzard reported third-quarter...
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World of Warcraft Franchise Coming To Mobile: What Investors And Gamers Should Know
Wednesday, May 4, 2022 - 4:04pm | 590A new game is bringing the World of Warcraft franchise to mobile users. Here’s what investors and gamers should know about the Activision Blizzard (NASDAQ: ATVI) announcement. What Happened: Activision Blizzard announced details of the highly anticipated “Warcraft Arclight Rumble...
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If You Invested $1,000 In Activision When It Acquired Blizzard, Here's How Much You'd Have Now
Thursday, January 27, 2022 - 4:46pm | 509One of the big headlines last week was the acquisition of Activision Blizzard, Inc. (NASDAQ: ATVI) by Microsoft Corporation (NASDAQ: MSFT). The deal marks the largest in Microsoft’s history and will create the third-largest video game company by revenue if approved. Investors who bet on...
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Activision Blizzard Pauses BlizzCon: What Investors Should Know
Wednesday, October 27, 2021 - 12:03pm | 536Activision Blizzard Inc (NASDAQ: ATVI) delayed and cancelled the last couple BlizzCon events due to the COVID-19 pandemic and is now pausing plans for the next one. What Happened: Blizzard announced Tuesday it is pausing the next BlizzCon. “We’ve decided to take a step back...
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Activision Announces New Co-Leaders Of Blizzard As J. Allen Brack Steps Down
Tuesday, August 3, 2021 - 10:43am | 555Video game publisher Activision Blizzard (NASDAQ: ATVI) has been in the spotlight in recent weeks with the company accused of sexual harassment and a “frat boy” work environment. The company announced changes to its management team Tuesday. What Happened: Jen Oneal and Mike Ybarra were...
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Activision Blizzard Has Yellow Brick Road With Key Franchises Launching As Mobile Games
Wednesday, May 5, 2021 - 2:15pm | 712Analysts react to the first-quarter earnings from Activision Blizzard (NASDAQ: ATVI) on Tuesday night. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok reiterates an Outperform rating and $120 price target. KeyBanc analyst Tyler Parker reiterates an Overweight rating and ...
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'Call Of Duty', 'Candy Crush' Help Activision Blizzard Hit Record Numbers In Q1
Tuesday, May 4, 2021 - 5:35pm | 421Activision Blizzard Inc (NASDAQ: ATVI) reported revenue of $2.28 billion in the first quarter, coming in higher than last year’s $1.79 billion and also beating the company’s guidance of $2.02 billion. The company reported non-GAAP eps of 98 cents in the quarter. Digital revenue was...
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Morgan Stanley: Activision Blizzard Has Multiple Catalysts In 2019
Friday, January 25, 2019 - 4:24pm | 427Activision Blizzard, Inc. (NASDAQ: ATVI) may be struggling, but it received a vote of confidence from a still-bullish analyst this week. The Analyst Morgan Stanley Brian Nowak maintains an Overweight rating and lowered his price target from $72 to $60. The Thesis The last six months have...
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Analysts Agree: Activision Has Clear Upside
Tuesday, August 4, 2015 - 11:29am | 476Activision Blizzard, Inc. (NASDAQ: ATVI) is scheduled to report its second-quarter results after Tuesday's market close. The Estimize community (based on 30 estimates) is expecting the company to earn $0.11 per share on revenue of $675.84 million. The Wall Street's consensus estimate is...