Activision Soars to Record on Upbeat Outlook for Game Sales
Activision Soars to Record on Upbeat Outlook for Game Sales Bloomberg 2/5/2021 Olga Kharif (Bloomberg) -- Activision Blizzard Inc. rallied as much as 12% to a record after giving an upbeat outlook for this year and next, boosted by marquee video-game franchises such as Call of Duty, World of Warcraft and Candy Crush. Revenue this quarter will be $1.75 billion, excluding some items, the company said Thursday, compared with the $1.68 billion predicted by analysts. Its annual forecast also topped estimates, and Activision said 2022 will benefit from a flurry of new game release...
Source: msn.com