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".

Activision forecast miss clouds esports push, shares drop

May 2, 2019, 11:17pm UTC
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".