Activision stock may rise 50 percent with Pandaria, CoD Online
Investors expect shares could reach a high of $17 due to Mists of Pandaria's launch in September and Activision's partnership with Chinese Internet provider Tencent Holdings to launch the free-to-play game Call of Duty Online, potentially in "mid-2013," Barron's says. The Chinese gaming market generated $7 billion and included 160 million gamers in 2011, and is expected to grow by 20 percent this year to cash in more than $9 million in 2014.
Activision Blizzard's shares have fallen 10 percent this year, while the broad market has gained 11 percent. Parent company Vivendi was looking to sell its 61 percent stake in Activision Blizzard earlier this year, but it appears those efforts have shifted focus.
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Source: http://www.joystiq.com/2012/08/05/report-activision-stock-may-rise-50-percent-with-pandaria-cod/#comments
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Comments
HaloUKPosted:
FanboyofsailingAced So it means activision is gonna make tons more money.
And all their stock holders.
Now's a good time to invest.
RonPaulPosted:
Aced So it means activision is gonna make tons more money.
And all their stock holders.
GoldenDiamondsPosted:
AcedGoldenDiamondsAced So it means activision is gonna make tons more money.
yeah, like they need it :/
Well they got bills to pay ya know
There income HUGLY outways there out goings, you have no idea how much
AcedPosted:
GoldenDiamondsAced So it means activision is gonna make tons more money.
yeah, like they need it :/
Well they got bills to pay ya know
GoldenDiamondsPosted:
Aced So it means activision is gonna make tons more money.
yeah, like they need it :/
AcedPosted:
GoldenDiamondspm9GoldenDiamondsThey Activision's getting lucky on this one.
deffinatly, as if they dont have enough money
They have so much money, now this? lucky people indeed.
The CEO of activision must be rolling in it
well im sure they got many things to pay, moneys not all theres
GoldenDiamondsPosted:
pm9GoldenDiamondsThey Activision's getting lucky on this one.
deffinatly, as if they dont have enough money
They have so much money, now this? lucky people indeed.
The CEO of activision must be rolling in it
MeetPosted:
GoldenDiamondsThey Activision's getting lucky on this one.
deffinatly, as if they dont have enough money
They have so much money, now this? lucky people indeed.
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