Activision Blizzard, Inc. is an American computer game holding company based in Santa Monica, California. The company was established in July 2008 with the merger of Activision, Inc. (the openly traded moms and dad company of Activision Posting) and also Vivaldi Gaming. The company is traded on the NASDAQ stock market under the ticker icon ATV, and also considering that 2015 has actually been one of the stocks that comprise the S&P 500. Activision Blizzard presently includes 5 business units: Activision Posting, Blizzard Amusement, King, Major Organization Gaming, as well as Activision Blizzard Studios. The company possesses and operates additional studios under an independent studios version under Activision Publishing, consisting of Trey arch, Infinity Ward, High Moon Studios, as well as Toys for Bob. Amongst significant copyrights produced by Activision Blizzard are Phone Call of Duty, Crash Bandicoot, Guitar Hero, Tony Hawk s, Spiro/Slanders, World of Warcraft, Star Craft, Diablo, Hearthstone, Heroes of the Tornado, Overwatch, as well as Sweet Squash Saga. Activision Blizzard s titles have broken a variety of launch documents. As of March 2018, it is the biggest game company in the Americas and Europe in regard to profits as well as market capitalization.
On Wednesday, 10.11., War Activision Blizzard (Wow, Cod) was no longer the most valuable Gaming company in the USA for some time. The game Roblox popular in children and adolescents had a strong boost in the stock market value and moved past the crisis group Activision Blizzard.
How is the most valuable US Gaming company measured? The value of a company s value is the courses on the US Stock Exchange NASDAQ. If you have all spent shares of a company multiplied by the current value of the stock, you will receive the value a company on the stock market, market capitalization.
As the US site reports Game spot, there was a time on the stock market on Wednesday, where the stock market value of the largest gaming companies in the USA looked like this:
Activision Blizzard was worth 52 billion US dollars Roblox was worth 62 billion US dollars Electronic Arts stands for about 40 billion US dollars
However, the situation did not last long — because stock prices fluctuate strong and the value of Roblox has fallen within a few hours by almost 18 billion US dollars.
WIR have dealt with the future of Blizzard on Mango:
Stock of Roblox rises at short notice by 42%
Why is Roblox so strong?
ROBLOX is a game platform that focuses on children and adolescents. The game has grown strongly in recent years and now huge. One speaks of a new Minecraft.
The company has only been on the stock market since March 2021 and advanced to the investor favorite. On Tuesday you have introduced the extremely strong corporate profits in an earning call: the company has far exceeded the expectations of the 3rd quarter 2021. The stock market responded euphorically — especially since everyone talks about the étagère without knowing what is meant to be.
On Tuesday, the value of the stock rose 42% — that was a high-altitude flight in which billions were created on stock exchanges. On Wednesday, the stock has again lost 13% of value after the market has corrected downwards.
At the moment, the market value is only 44 billion US dollars.
Activision Blizzard is about 28 billion US dollars
Why is it not so good at Activision Blizzard anymore? In contrast to Roblox, Activision Blizzard has lost a lot of market value in recent months:
On February 12, 2021, Activision Blizzard had reached its maximum of $80 billion Today, on 11.11.2021, market capitalization is $52 billion in US dollars
The value of the share of Activision Blizzard has fallen significantly after the last annual report. Although the results of the company were good, especially because of Call of Duty, but Blizzard had to move Overwatch 2 and Diablo 4. This lowered the expectations of investors for the next quarters and thus the market value.
Blizzard moves release from Diablo IV and Overwatch 2 — come only 2023