GamesIndustry- Activision investors have become bearish. Analysts discuss the publisher's prospects
Activision stock is now trading at about $10.75, about 15 percent down from its peak earlier this year. The stock dropped after Activision's earnings report, where the company beat estimates and raised its forecast for the year to a record level, but warned that 2013 results would not be as good. Logically, better earnings should mean the stock price would rise, but investors seem to be bearish on Activision's long-term prospects.
The legal battle for the acquisition of Activision Blizzard continues, with Microsoft countering one of the FTC's latest moves and the Judge delaying a relevant ruling.
Look, to be honest the FTC should just stop.
MS has A/B and nothing has really changed yet...if you are worried about 5-10 years from now...just drop it cause the future is unpredictable.
Take this week's news, that 4 Xbox exclusive are going Multiplatform.
The FTC and the lawyers behind the "Gamers' lawsuit" against Microsoft over the acquisition of Activision Blizzard are denouncing the recent layoffs within the respective legal battles.
The legal battle between Microsoft and the FTC over the Activision Blizzard acquisition continues. The house of Xbox just scored a major point but the FTC is firing back.
Yeah man I think Microsoft here getting to probe is kinda wrong unless you only have accessed to necessary information not complete access imo.
Obviously they aren't giving them the password to Sony's computers and telling them "help yourself."
Maybe Microsoft should also talk and get help from their "congressional influencers" at The Capital. They had plenty to say on the matter before the acquisition. They are mighty quiet after the purchase went through. Almost as if they had a stake in the matter.
Could you perhaps explain how this is related? I'm honestly curious since you seem to bring it up rather often.
You should be careful upsetting Sony too much Microsoft.
You might need them to sell your subpar games soon.
This isn't a major victory. They're essentially being allowed to call witnesses in regards to agreements they reached with Sony and Ubisoft which was initially blocked because Microsoft didn't make the request through the proper channels. This case is dead, there is no way the ftc will be allowed to unwind this acquisition.
they probably know case is death but want some proof to sue them for a few millions regarding other stuff, the ftc loves to sue everyone, be sure that as soon as all this end they will just go sue MS and end in a settlement.
this really makes no sense to me. how can you have some of the biggest properties in the gaming industry but have your stock hit a low point? something ain't right here.
maybe its just stabilising it cant be always going up
Well, well, well, was the gimped PS3 version of COD and the less than stellar version on the Vita a 'smash and grab' situation?
They can't develop games on ps3. This is a fact. I bought back ops 2 on ps3/360 and installed the texture pack on the ps3. The sad part is that when I played it I thought the textures had to load still. Boy was I wrong. The 360 looks a million times better than the ps3. Don't buy the ps3 version. A better way to say this..... (Don't support a port)(don't support a port)
omg activison stocks went down .01! lol jk