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01 Apr, 2020
Bank of America Downgrades EA and Activision Blizzard Due to “Fortnite” Growth
Bank of America Merrill Lynch lowered its rating for both Electronic Arts (NASDAQ: EA) and Activision Blizzard (NASDAQ: ATVI) shares to neutral from buy due to the crowded holiday season and competition from Epic Games’ “Fortnite.”..
Activision reports better than expected Q3 but shares fall
Activision Blizzard Inc. (NASDAQ: ATVI) reported its third quarter earnings that surpassed expectations of both analysts and the company itself, but shares fell by 3.5 percent during trading hours on Friday.For the third quarter, Activision rep..
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