$ATVI Risk/Reward History
Blizzard Activision has broken the trend of a 18% loss before a >60% gain, indicating that the cyclical nature may have been broken due to a mixed review on its publicized Diablo (mobile) and COD:BO4. The company will not be down for long though, as the RSI and VI are indicating that while reception of these products has been poor, the company is in no way going to zero.
The company has also signed deals in esports recently for its everpopular overwatch. However, their esports scene has not been as epic as expected, yet there are new facilities being constructed worldwide. We will see if starcraft can make a resurgence again, doubtful unfortunately. Focuses seem to be trending towards pushing Diablo for younger/mobile audiences. But are they too late to the game as other companies have dominated the mobile scene?
The company has also signed deals in esports recently for its everpopular overwatch. However, their esports scene has not been as epic as expected, yet there are new facilities being constructed worldwide. We will see if starcraft can make a resurgence again, doubtful unfortunately. Focuses seem to be trending towards pushing Diablo for younger/mobile audiences. But are they too late to the game as other companies have dominated the mobile scene?
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