Activision boosted its forecast after benefiting from record levels of engagement and a customer base that’s eclipsed 400 million, putting it in the leagues of the world’s biggest media companies. — Reuters
Activision Blizzard Inc shares slipped in late trading after Chief Executive Officer Bobby Kotick warned that the shaky economy could hurt the video-game maker’s pandemic-fueled boom.
"Economic uncertainty could have an impact on our near-term results,” but the company is still poised for long-term growth, Kotick said in a statement.
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