Why 1 Video Game Giant Is Unloved on Wall Street
The following video is from Thursday's MarketFoolery podcast in which host Chris Hill, along with analysts Jim Gillies and Jason Moser, discusses the top business and investing stories.
Every year, Activision Blizzard (NAS: ATVI) puts out games that have been performing, in terms of revenue generated, on a level that's on par with some of the most profitable Hollywood blockbusters of our day. So why doesn't the market care? In this segment, the guys talk about another quarter of higher-than-expected profits and increased guidance for the video game giant, and their views on why the stock prices just aren't budging.
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The article Why 1 Video Game Giant Is Unloved on Wall Street originally appeared on Fool.com.Chris Hill has no positions in the stocks mentioned above. Jason Moser owns shares of Activision Blizzard. The Motley Fool owns shares of Activision Blizzard. Motley Fool newsletter services recommend Activision Blizzard, Electronic Arts, and Take-Two Interactive . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.