Activision Blizzard Loving Modern Warfare (ATVI)

Posted in pre-market 
November 10th, 2009

Activision Blizzard, Inc. (NASDAQ: ATVI) is up this morning in the very early pre-hours trading.  The volume may seem small, but the hype is there over the new “Call of Duty: Modern Warfare II” launch that started at midnight.  There were lines and sellouts at many store locations as this is expected to do about $500 million in sales in the first week.  At 8:13 AM EST we have shares trading up over 2% at $11.78 on about 25,000 shares.  Be advised that this trades about 15 million shares on average and it comes on the heels of a really poor showing from Electronic Arts whose only good news was that it was firing workers and closing facilities.

-JON OGG

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