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Shares of Activision Blizzard Inc. (ATVI) inched 0.40% higher to $80.91 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. Activision Blizzard Inc. closed $5.99 below its 52-week high ($86.90), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 2.43% to $289.16, Sony Group Corp. ADR (6758.TO) rose 2.17% to $85.33, and Nintendo Co. Ltd. ADR (7974.TO) rose 2.38% to $53.85. Trading volume (5.3 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 16:38 ET (20:38 GMT)
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