Business
Activision stock still looks like a buy. Here’s why.
Back in July, Barron’s make the case to buy
Activating blizzard
Microsoft
completed a $69 billion acquisition of the company. With
activated
A stock that trades at a substantial discount to the agreed-upon price, a stock that looks closest to certainty in an increasingly uncertain market.
Four months later, the risks of the deal falling apart because of antitrust concerns remain unchanged. What has changed is Activision’s business outlook. The company behind call of duty and crushed candy are suddenly doing pretty well on their own.