Activision Blizzard earnings and forecast come up short of expectations
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'Apex Legends' Just Made All Activision-Blizzard's Current Problems Even WorseIt’s grim tidings for Activision-Blizzard today, as after its earnings call, there are expected to be significant layoffs across the company as it tries to tighten its belt and get back on track. And EA's Apex Legends is not helping in the least.
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'Apex Legends' Just Made All Activision-Blizzard's Current Problems Even WorseIt’s grim tidings for Activision-Blizzard today, as after its earnings call, there are expected to be significant layoffs across the company as it tries to tighten its belt and get back on track. And EA's Apex Legends is not helping in the least.
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Traders double down on Activision ahead of earningsShares of Activision Blizzard are trading about 3 percent higher on Tuesday. Despite the rebound, Activision is still down nearly 12 percent since 2019 began. However, one trader says the stock can recover when it reports earnings Tuesday.
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Activision Blizzard has lost half its value in 4 months, but traders are betting big ahead of earnings next weekVideo game stocks have been hit hard as competition in the space rises. Traders are betting on Activision Blizzard ahead of next week's earnings, despite disappointing results from Electronic Arts and Take-Two Interactive that have hit the stocks hard this week.
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Under Armour earnings, sales top Wall Street expectationsUnder Armour on Tuesday reported fourth-quarter earnings and sales that topped analysts' expectations.
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GoPro stock gains after earnings top expectationsGoPro Inc. broke from its pattern of posting disappointing holiday results, as the camera maker delivered in-line revenue and reported earnings per share ahead of expectations.
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