Activision Blizzard stock dips on weak Q3 earnings

Activision Blizzard (ATVI) reported a 38% jump in earnings for the third quarter helped by lower costs and expenses as well as income tax benefit despite a decline in revenue. However, the results missed analysts’ expectations and the company guided fourth-quarter earnings way below the consensus estimates. Following this, the stock plunged over 8% in … Continue reading Activision Blizzard stock dips on weak Q3 earnings