Activision Blizzard stock is trading higher after Sony and Microsoft Corp reached a 10-year deal to keep "Call of Duty" games on PlayStation consoles.
Portfolio Pulse from Benzinga Newsdesk
Activision Blizzard's stock is trading higher following a 10-year deal between Sony and Microsoft to keep 'Call of Duty' games on PlayStation consoles.
July 17, 2023 | 8:47 am
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POSITIVE IMPACT
Activision Blizzard's stock is likely to see a positive impact due to the 10-year deal between Sony and Microsoft for 'Call of Duty' games.
The 10-year deal between Sony and Microsoft ensures the continued presence of 'Call of Duty' games on PlayStation consoles. This is likely to result in sustained revenues for Activision Blizzard, the game's publisher, thereby positively impacting its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100