Activision Blizzard Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Activision Blizzard Inc. (ATVI) inched 0.21% higher to $79.26 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's third consecutive day of gains. Activision Blizzard Inc. closed $2.24 short of its 52-week high ($81.50), which the company achieved on August 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Unity Software Inc. (U) rose 3.28% to $28.35. Trading volume (7.1 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 16:39 ET (20:39 GMT)
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