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2 Reasons Activision Blizzard Stock Is Falling After BlizzCon

2 Reasons Activision Blizzard Stock Is Falling After BlizzCon

Share prices of Activision Blizzard (NASDAQ: ATVI) dropped sharply after reaching a high of $104 earlier this month. Coincidently, the game producer held its annual BlizzCon event on Feb. 19-20 to discuss the latest developments with Blizzard titles, including Hearthstone, World of Warcraft, Overwatch, and Diablo. Here are two reasons why this could be causing the stock to fall and why Activision Blizzard shares may not be the best value among top gaming stocks right now.