Previous close | 84.54 |
Open | 84.75 |
Bid | 84.75 x 800 |
Ask | 84.88 x 800 |
Day's range | 84.62 - 85.10 |
52-week range | 70.94 - 85.72 |
Volume | |
Avg. volume | 6,571,678 |
Market cap | 66.727B |
Beta (5Y monthly) | 0.42 |
PE ratio (TTM) | 44.45 |
EPS (TTM) | 1.91 |
Earnings date | 24 Apr 2023 - 28 Apr 2023 |
Forward dividend & yield | 0.47 (0.56%) |
Ex-dividend date | 13 Apr 2022 |
1y target est | 92.23 |
For the past year, the video game industry has been intensely focused on one topic: Microsoft's (NASDAQ: MSFT) proposed buyout of Activision Blizzard (NASDAQ: ATVI) for $75 billion. With a current spread to the closing deal price of 12.4%, merger arbitrage investors are making bets that the deal will get approved sometime soon, with Microsoft expecting the decision to be finalized at some point this summer. A lot of analysts are spending their time trying to figure out whether government regulators will approve this deal.
In the latest trading session, Activision Blizzard, Inc (ATVI) closed at $84.33, marking a -0.07% move from the previous day.
(Bloomberg) -- The gap between Activision Blizzard’s stock price and Microsoft Corp.’s takeover offer is at its narrowest level since the $69 billion merger was announced in January 2022, as an update from UK regulators lifts expectations that the deal could go through. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon