Microsoft and Activision Blizzard have just concluded the January 18 investors call, going into more detail on the recent acquisition of Activision Blizzard for $68.7 billion dollars. The investor call features speakers as prominent as Microsoft Gaming’s Phil Spencer, Amy Hood, the CFO (Chief Finacial Officer) of Microsoft, Bobby Kotick from Activision Blizzard Bret Iversen of Microsoft’s General manager of Investor relations and Satya Nadella, the CEO of Microsoft.
During the Microsoft and Activision Blizzard call, the fice people spoke about the future of the companies united as one, how the deal works, along with the potential for Xbox Game Pass expansions. Moreso, the conversation spoke of the cultural work in place at Activision Blizzard, especially after the summer of discontent with lawsuits, investigations and protests. While there was nothing concrete about the actual happenings at the minute, we got confirmation that Activision Blizzard products will move to Game Pass, featuring both new and a catalogue of its older games. What they could be, however, is not entirely clear. For those interested, you can find the release of information on the Microsoft investor’s call on Microsoft’s website.
As a result, we can see that the Microsoft stock jas gone down a few dollars. Meanwhile, the Activision Blizzard stock is now rising fast. At the time of writing, the stock has increased 34% in the last month, now valued at $82. It will likely flat line at $95 due to the agreed share price of Microsoft’s purchasing power of the stocks and shares.
The stock will likely stay the same for Microsoft until the earning’s call next week on January 25. Moreso, we won’t see the full effects of the stock price change likely until the end of 2023, when the merger of Activision Blizzard is complete.
If you want to take a look at the Microsoft and the Activision Blizzard stock and share price, simply type it in to google and watch the price changes in real-time. More specifically, take a look at the 30 day period and watch as the January 18 announcement causes havoc on the stock market.