Activision Blizzard shares down after touching 52-week high

Shares of Activision Blizzard Inc. fell after touching a 52-week high of $31.70, the only S&P 500 component to reach the milestone Thursday. The stock recently came off of an eight-session winning streak, bolstered by the popularity of its new game, “Destiny: The Taken King,” which set a record for the most downloaded game in a single day for Sony PlayStation. Activision shares were down 1.1% to $31.26 while the broader S&P 500 retreated 1.1% to 1,917.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply