ATVI Managing Turmoil Amid Strong Fundamentals
Activision Blizzard (ATVI) reported a much-needed beat-and-raise quarter. Strength was broad-based with Call of Duty, Candy Crush, and World of Warcraft all exceeding expectations. Management raised 2021 guidance to reflect the results, with a portion of the upside held back due to the shift of Diablo Immortal from 2021 to 2022. Given current strength across […]
