Activision stock way up after merger news

Though some World of Warcraft fans may be in a tizzy over the news that Vivendi and Activision would merge to form Activision Blizzard, it seems that shareholders in the two companies weren't put out in the slightest. GameDaily is reporting that Activision saw a NASDAQ bump of 16 percent ($3.55) in their stock since the news was released, bringing its worth to $25.70. Vivendi got a three percent jump.

Not every investor is smiling though. When faced with the news that the company would have a new, super-powerful competitor, EA's stock tumbled 91 cents to $55.29. We're sorry, Electronic Arts, but at least you can take comfort in the fact that (at the moment, at least) your company has the far better name.