Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal

FILE PHOTO: Activision games "Call of Duty" are pictured in a store in the Manhattan borough of New York City, New York, U.S., January 18, 2022. REUTERS/Carlo Allegri

(Reuters) - "Call of Duty" maker Activision Blizzard beat quarterly bookings estimates on Wednesday, as it reported results a day earlier to allay concerns about its business after Britain blocked its $69 billion buyout by Microsoft Corp .

Shares of the company were trading 10% lower, showing little reaction to the earnings report.