Activision Blizzard, Inc. (ATVI)
ATVI Price and Sentiment
ATVI Latest news
Jefferies Andrew Uerkwitz looks at the companies he thinks have the best chance of success in the metaverse. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Brian Kelly.
Shares of Columbia Care and Activision are down more than 27% this year -- but that just makes these stocks more attractive buys right now.
Delays stole the headlines, but Activision is still executing well across the board.
When we last checked in with Activision Blizzard, Inc. (NASDAQ:ATVI) the video game maker -- who's franchises includes Candy Crush, Call of Duty, and World of Warcraft, was about to report earnings.
These companies are riding strong industry tailwinds.
Activision Blizzard's share price took a material dive despite posting respectable results. I see the near-term headwinds as being temporary, and the company should resume its strong track record of growth.
The company's shares fell on the news of the delay of the game releases. The Activision segment may face increased competition, but upcoming releases may increase engagement.
Are recent earnings providing investors with buying opportunities?
Activision is experiencing game delays and leadership departures.
A silver lining to a market crash is the chance to add to your most promising holdings while they are discount-priced.