New games, cost cuts could increase Activision shares by 50%
August 6 , 2012
Videogame maker Activision Blizzard could see a significant increase in its share price on the back of the forthcoming release of a new game and a recent partnership in China, according to a report in financial newsweekly Barron's.
Activision shares, currently trading at $11.25, could soar by as much as 50 percent due to new products and cost cutting.
Activision also recently formed a partnership with China's biggest Internet provider Tencent Holdings to make its Call of Duty game available online.