Emma Asma Cornwall
All posts from Emma Asma Cornwall
Emma Asma Cornwall in Gainers & Losers,

Activision Blizzard is in rally mode

Activision Blizzard is going to spend $5.9 billion to buy King Digital Entertainment in all-cash bid with a 25% premium over King's Monday close.

Personally I don't think it is a good deal for Activision, but shares are rallying... And from technical point of view rally may continue for some more time, so I'm not dumping the stock after today's jump