Activision Blizzard Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Activision Blizzard Inc. (ATVI) slid 0.51% to $77.97 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. Activision Blizzard Inc. closed $3.53 short of its 52-week high ($81.50), which the company reached on August 19th.
Despite its losses, the stock outperformed some of its competitors Friday, as Unity Software Inc. (U) fell 2.22% to $27.26. Trading volume (5.3 M) remained 802,286 below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 16:38 ET (21:38 GMT)
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