Shares of Activision Blizzard Inc (ATVI) Sees Large Inflow of Net Money Flow

Activision Blizzard Inc (ATVI) : Activision Blizzard Inc (ATVI) had a healthy money flow of $6.24 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $33.82 million, whereas, investors only sold shares worth $27.58 million on downticks. The stock closed the day with an up-down ratio of 1.23.The money flow in the block trades to the tune of $10.47 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $10.47 million worth of transactions were on upticks. Activision Blizzard Inc (ATVI) stock slid $0.06 intraday and traded at 42.14, a change of -0.14% over previous days close. However, for the week, the company shares are 2.06% compared to previous weeks close.


Activision Blizzard, Inc. is up 18.91% in the last 3-month period. Year-to-Date the stock performance stands at 9.75%. Activision Blizzard, Inc. has dropped 0.14% in the last five trading days, however, the shares have posted positive gains of 7.97% in the last 4 weeks. In a related news,The officer (Pres. & CEO-Blizzard Ent.) of Activision Blizzard, Inc., Morhaime Michael sold 1,150,000 shares at $38.15 on June 13, 2016. The Insider selling transaction had a total value worth of $43,872,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Activision Blizzard Inc (NASDAQ:ATVI): On Mondays trading session , Opening price of the stock was $42.4 with an intraday high of $42.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42.05. However, the stock managed to close at $42.14, a loss of 0.14% for the day. On the previous day, the stock had closed at $42.2. The total traded volume of the day was 5,927,860 shares.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. The Companys operating segments include Activision Publishing, Inc. and its subsidiaries, Blizzard Entertainment, Inc. and its subsidiaries, and Activision Blizzard Distribution.

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