Activision stock way up after merger news

13 Comments by Justin McElroy Dec 3rd 2007 2:57PM
Filed under: Business

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.

Tags: activision, activision-blizzard, blizzard, stocks, vivendi, vugames, world-of-warcraft, worldofwarcraft, wow

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(Page 1) Reader Comments

gonk: Dec 3rd 2007; 3:04PM

too bad i'm not a day trader with insider information

FrankTheCrank: Dec 3rd 2007; 3:04PM

Oh lord...teh sweet moneyz...rain down on me...oh coveted piece of paper known as teh moneyz.

Careful what thou worship...

OhJustSomeRandomGuy: Dec 3rd 2007; 3:14PM

Is it just me or does the ticker in that graphic read, "DOWN + 0.42"?

Moorio: Dec 3rd 2007; 3:21PM

It says 'DOW'

As in, Dow Jones.

http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

Kye, NDF - Fearless Leader: Dec 3rd 2007; 3:31PM

Citing Wikipedia as a reference always diminishes your credibility.

http://dictionary.reference.com/

OhJustSomeRandomGuy: Dec 3rd 2007; 3:39PM

Moorio: No, it doesn't say "DOW" as in "Dow Jones". The ticker symbol for the Dow is "DJIA". That ticker clearly says, "DOW" and then there's an extra character after it and the character can only be an N or an M.

Reading. It's FUN-damental.

Moorio: Dec 3rd 2007; 3:44PM

Disregard me, I suck cocks.

Kye, NDF - Fearless Leader: Dec 3rd 2007; 4:01PM

No need to be so hard on yourself.
"Pobody's Nerfect"

(now if we could only get shaggi to understand that)

Kye, NDF - Fearless Leader: Dec 3rd 2007; 3:15PM

Great news!

*Hi5's random people*

We need to celebrate!
[any excuse to download porn]

Shagittarius: Dec 3rd 2007; 3:34PM

This is why the Wii uses friend codes.

Kye, NDF - Fearless Leader: Dec 3rd 2007; 4:33PM

It all makes sense now

Sha"GIT"tarius

ferrarigtc: Dec 3rd 2007; 3:53PM

You forgot to mention Take Two Interactive is up almost 11% or a $1.60. Can't wait for GTAIV....we will see $20+

Mark: Dec 3rd 2007; 4:16PM

joystiq watches stocks?

i come to joystiq to get "away" from stocks....

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