Activision, Bobby Kotick Sees Strong Trading Day

Activision is among the top video game publishers globally. On 28th December, it was the stock market’s mixed trading session. The S&P 500 had a fall of 0.105%. The Dow Jones Industrial increased by 0.26%, and Activision Blizzard shares rose by 1.86% to 66.67%. According to industry experts, the day was the stock’s 6th consecutive gains day. But according to Market Watch, Activision Blizzard closed before its 52-weeks of $105 that was attained on 16th February. Market Watch reports that the stock surpassed some competitors like Microsoft Corp, which dropped $0.35%.

Activision Blizzard’s Success

Bobby Kotick has been working in the gaming industry for over thirty years and is the longest-serving CEO in the video game field. He is the Chief Executive Officer of Activision Blizzard, a video game publishing company for popular games including Candy Crush, Call of Duty, Crash Bandicoot, Overwatch, Diablo, and World of Warcraft.

Bobby Kotick has successfully led Activision Blizzard with more than 10,000 workforces to a market value of $71 billion and an annual income of $8 billion. As a developer and publisher, Bobby felt he would control his destiny. But without prior experience working with Electronic Arts, he doesn’t see what would have motivated him to go and establish his publishing firm.

Activision Blizzard’s Humble Beginning

Blizzard performed well during the December stock day, but Bobby Kotick noted that its success didn’t occur in one day. He remembers when the company had to recycle aluminum and sell its furniture to pay bills. Bobby credits his employees’ dedication to helping build Blizzard.

When Activision was established, it had 60 people; one group was passionate about bringing original Atari Activision games, and another group wanted text adventures transformed into graphic adventures. Blizzard grew into a giant video game publishing empire through its employees’ passion and dedication.

Original source to learn more: https://www.flickr.com/people/bobby-kotick/