Activision Blizzard Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Activision Blizzard Inc. (ATVI) inched 0.22% higher to $78.14 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Activision Blizzard Inc. closed $3.36 short of its 52-week high ($81.50), which the company reached on August 19th.
The stock underperformed when compared to some of its competitors Monday, as Unity Software Inc. (U) rose 2.20% to $27.86. Trading volume (5.7 M) remained 443,658 below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:39 ET (20:39 GMT)
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