Why Activision Blizzard Is Down 19% So Far in 2018 [The Motley Fool]
Activision Blizzard, Inc (ATVI)
Last activision blizzard, inc earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.activision.com/investor-relations
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Source: The Motley Fool
The video game giant is having a tougher year than many investors had expected. It has been a volatile year for Activision Blizzard ( NASDAQ:ATVI ) shareholders, with the stock having logged market-thumping gains through the summer before falling to a 19% decline as we approach the end of 2018. Of course, the video game developer's business value hasn't changed by nearly that much. Instead, the swings have been driven by investors' shifting opinions on its operating outlook. Let's take a closer look at those trends as Activision enters its busiest selling period of the year. Image source: Getty Images. Starting with high expectations The company entered the year with impressive momentum as surging sales and profits pushed shares higher by a head-turning 70% in 2017 . Things appeared to be going in the same direction through its next few earnings releases, too. Activision said in early February, for example, that a growing user base combined with surgin
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