Activision stock may rise 50 percent with Pandaria, CoD Online
Investors expect shares could reach a high of $17 due to Mists of Pandaria's launch in September and Activision's partnership with Chinese Internet provider Tencent Holdings to launch the free-to-play game Call of Duty Online, potentially in "mid-2013," Barron's says. The Chinese gaming market generated $7 billion and included 160 million gamers in 2011, and is expected to grow by 20 percent this year to cash in more than $9 million in 2014.
Activision Blizzard's shares have fallen 10 percent this year, while the broad market has gained 11 percent. Parent company Vivendi was looking to sell its 61 percent stake in Activision Blizzard earlier this year, but it appears those efforts have shifted focus.
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Source: http://www.joystiq.com/2012/08/05/report-activision-stock-may-rise-50-percent-with-pandaria-cod/#comments
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Blitz_GifterPosted:
Amp_Blitz_GifterKex Damn man rise 50% 0_o
I know Kex thats quite a bit dude
That's honestly alot.:o
Ya Amp_ and also if that happened do you now how much money they would be making!
MoanPosted:
Blitz_GifterKex Damn man rise 50% 0_o
I know Kex thats quite a bit dude
That's honestly alot.:o
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