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.