Activision Blizzard, Inc. (NASDAQ:ATVI)’s COD: Black Ops 2, Might Restrict Microsoft’s Halo 4 Success

  on Nov 14,2012 Posted in Business News ,Finance
 
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Activision Blizzard, Inc. (NASDAQ:ATVI) is being remembered for its best-selling game, Call of Duty. The company is on track to launch its biggest title. Call of Duty is the top-seller on MSFT’s Xbox360 and will also be introduced for various platforms including PCs, PS3 and Wii.

Microsoft’s launch of Halo 4 has set new records which may harm Activsion Bizzard, Inc., but ATVI is expecting that their launch of COD: Black Ops 2 will set new records and also will beat previous company records of the same series. The COD series is being considered as the top-selling title around the globe. Certain new features are being introduced within the game that makes it the best one among all. Top game retailers are preparing for the special events ahead of the Call of Duty launch.

At the close of the trading day, Activision Blizzard, Inc. (NASDAQ:ATVI) shares fell -0.46% to settle at $10.72. Intraday trading was between $10.56 – $10.77. In the past year, the stock has traded within a range of $10.56 – $13.01. The last session’s volume of 15.46 million shares was up from the average daily trading volume of 8.71 million shares.

THQ Inc. (NASDAQ:THQ) shares were +2.24% to close at $1.19. The stock traded between $1.15 – $1.30 during the last trading session. In the last 12 months the shares have traded between $1.06 and $24.50. The last session’s volume of 271,596 shares was a bit lower than their average daily trading volume of 306,746 shares.

Majesco Entertainment Co. (NASDAQ:COOL) shares in the last session were up +1.08% closing at $0.910. The stock traded in a range of $0.90 – $0.93. In the last year the stock has moved within a range of $0.86 – $3.43. The last session’s volume of 151,306 shares was down from their average daily trading volume of 202,411 shares.

Another rival company, Konami Corp (ADR) (NYSE:KNM), traded up +3.05% moving to $24.63. Intraday trading recorded the stock price in a range between $24.38 – $24.63. In the previous 52 weeks the stock has traded between $19.76 – $32.09. The last session’s volume of 1,010 shares was down from their average daily trading volume of 3,227 shares.

 



 

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