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Tag: ATVI STOCK PRICE

Stock Investing

These two gaming stocks are worth watching in 2021: Activision Blizzard (ATVI) and Microsoft Corp (MSFT)

Video games have had a remarkable time in the past. This year may be the beginning of positive trends for the industry. Microsoft Corp (MSFT), which produces the Xbox gaming console, and video game developer Activision Blizzard, Inc. (ATVI) are likely beneficiaries. The United States alone spent $57 billion on video games last year, increasing 27% year-over-year. The industry will continue to grow at least in part in 2021. ATVI took the COVID-19 period with several new games (at the COVID-19 period, ATVI was busy redesigning its business). Consequently, the company’s revenues returned to growth and increased by 25%, totaling