The gaming industry is in trouble as a direct result of a rise of mobile and social gaming. The impact is clearly visible on all the major gaming stocks, which are either declining or are range-bound. Even industry leader Activision Blizzard Inc. (NASDAQ:ATVI) has its stock languishing from past 2 years. Being a member of St Bulls give you the exclusivity to speak with an analyst today. So, register now free of charge at
While the industry is still far from showing any signs of turnaround, Activision Blizzard posted better-than-expected results for its fourth quarter. The company also reported good sales for its flagship game titles. Gaming industry is adapting itself to new trends. It is mainly redesigning its distribution strategy by moving towards digital distribution channels. The move is expected to stem the decline in games sales and subscriber numbers. Receive more insight about ATVI's latest earnings release. Sign up now at
Activision Blizzard's Q4 results came as a respite as the company posted better-than-expected results. Its earnings per share increased 25 percent to 78 cents per share, while its revenue also inched up 8 percent higher to $2.59 billion. The results are also impressive given the fact that PC gaming industry is currently going through a declining phase. Talk to our analysts and get their take on ATVI by signing up today at
Any gaming company's fortunes depend on its game titles. Activision Blizzard already has a superstar in the form of Call of Duty. While CoD franchise still going strong, the company has got another money-maker in the form of Skylanders. Apart from these titles, Activision Blizzard also has some other good performing titles like Diablo III in its portfolio. The company is also moving in right direction as it now focuses more on digital distribution than on physical sales. This strategy will help the company in boosting its margins. Find out why we covered ATVI before it becomes public knowledge. Register with us now at
Technically, Activision Blizzard stock is in the bullish mode after its encouraging results. The stock is trading above its 5 days EMA of $12.36 and 20 days EMA of $11.09. It is expected to go up to $14 level in the near future. On the floor level, its first support is at $12.90, while its second support level stands at $12.23. Find out why ATVI is our favorite in this industry by registering at
Disclaimer: Bull Market Group LTD is not a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security. A third party, Stbulls.com has paid Bull Market Group LTD four hundred and fifty dollars for the publication of this news release. Neither Bull Market Group LTD nor the hiring party has a financial relationship with any company whose stock is mentioned in this release.
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