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Microsoft shares are way up after the Activision deal gets “prevented”

Microsoft shares are way up after the Activision deal gets “prevented”

Microsoft shares have seen a significant jump, while Diablo 4, WoW, and Call of Duty studio Activision Blizzard has seen its own stocks take a sharp downturn, after the merger deal between the two companies was “prevented” by the UK’s Competition and Markets Authority (CMA). Concerns regarding consumer choice, competition, and cloud gaming - particularly relating to the availability of Activision’s FPS and RPG games on Game Pass - led the CMA to its decision, though both Microsoft and the Activision Blizzard plan to appeal.

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Microsoft shares are way up after the Activision deal gets “prevented” Microsoft shares are way up after the Activision deal gets “prevented” Reviewed by Unknown on April 27, 2023 Rating: 5

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