Activision Tumbles 17%; Q4 Misses, Q1 Loss View Deeper

Tech Trader Daily
By Tiernan RayFeb 11, 2016, 4:41 pm189 pts
Shares of video game giant Activision-Blizzard (ATVI) are down $4.92, or 16%, at $25.60, after the company this afternoon reported revenue and profit that missed analysts’ expectations, and projected a loss this quarter deeper than the Street has been modeling. Revenue in the three months ended in December…

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