Keep An Eye On Video Gamers Following Activision Blizzard's Disappointing Guidance
Activision Blizzard, Inc. (NASDAQ: ATVI)'s stock was trading lower by more than 5 percent early Friday morning after the company reported a top and bottom line miss in its fourth quarter print.
Activision Blizzard also issued disappointing guidance.
See Also: Activision Blizzard Posts Top- And Bottom-Line Misses For Q4, Guidance Disappoints
Video game developers appear to be brushing off the "Call of Duty" developer's earnings print. Shares of Electronic Arts Inc. (NASDAQ: EA) were trading higher by around 0.19 percent ahead of Friday's opening bell.
Shares of Electronic Arts did however sell-off following its fourth quarter results in late January as the company's fiscal 2016 guidance also came in below the Street's expectations.
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) were showing no trades ahead of Friday's market open. Unlike its peers, the company issued fiscal 2016 guidance ahead of the expectations in its earnings report on February 3, although not all of Wall Street's analysts were bullish.
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