Going into Blizzcon, 76%of analysts had an obese or purchase ranking on the stock while 21% had a”Hold “on Activision. Following its release on October 25, the video game managed to make more than$600 million worldwide in its very first 3 days and also became Activision Blizzard’s biggest digital sales opening ever. From a technical viewpoint, Activision broke above $50 in August after being stuck between$40 and $50 for many of the year, which Kulina views as a favorable sign for the stock.
Going into Blizzcon, 76%of analysts had an obese or buy rating on the stock while 21% had a”Hold “on Activision. Following its release on October 25, the game managed to make more than$600 million around the world in its first three days and also ended up being Activision Blizzard’s greatest digital sales opening ever. Oppenheimer had previously shown that two of the huge catalysts for Activision this year would be the release of Modern Warfare and Blizzcon. From a technical standpoint, Activision broke above $50 in August after being stuck in between$40 and $50 for most of the year, which Kulina views as a positive indication for the stock. Uerkwitz also thought that Overwatch 2″more than lived up to expectations”particularly and showed that Activision is willing to be”a little speculative” to evolve with the games market.
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