Activision forecast miss clouds esports push, shares drop

Activision forecast miss clouds esports push, shares drop

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-activision-results/activision-forecast-miss-clouds-esports-push-shares-drop-idUSKCN1S823N

Activision Blizzard Inc forecast second-quarter adjusted profit below estimates on Thursday, as the videogame maker puts more money into its franchises to battle competition from blockbuster games "Fortnite" and "Apex Legends".