Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal

Technology
Wednesday, 26 Apr 2023
11:03 PM MYT

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FILE PHOTO Activision games quotCall of Dutyquot are pictured in a store in the Manhattan borough of New York City New York U.S. January 18 2022. REUTERSCarlo Allegri

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.

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STARPICKS

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BJCORP	0.270	0.275	0.260	0.270	0.000	0.00	345,425
KPJ	2.660	2.660	2.560	2.580	-0.090	-3.37	341,552
HSI-PWHB	0.070	0.070	0.060	0.060	-0.015	-20.00	306,177
ASTRO	0.175	0.175	0.160	0.160	-0.015	-8.57	285,462

Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal