Warren Buffett acquired 49.4 Million Activision Blizzard shares worth $3.97 Billion. That's 1.19% of their equity portfolio (9th largest holding). The investor owns 6.30% of the outstanding Activision Blizzard stock. Warren Buffett started to build up the position in Activision Blizzard in Q4 2021 and continued to invest until Q2 2022. Since then they sold 19 Million shares. The stake costed the investor $3.75 Billion, netting the investor a gain of 5.7% so far.
The video game company is an acquisition target, but there are a few hurdles its would-be buyer will need to clear.
Activision Blizzard (ATVI) is best known as a developer and manufacturer of video games. I am bullish on the stock. Video game stocks thrived during the onse...
One of the biggest video game deals of all time was announced in January with Microsoft Corporation (NASDAQ: MSFT ) saying they would acquire video game comp...
Activision''s stock price hinges on Microsoft''s planned acquisition and billionaire investor Warren Buffett is betting on it. There''s a future world at stake.