Blizzard Stock Crashing

Down 7 1/2% so far today.

Directors and officers at Blizzard are currently being investigated for “a breach of fiduciary duty” on behalf of their stock holders related to the sexual harassment scandals.

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Would it be in poor taste to buy while it’s low? I’ve no intention on keeping it long term, just long enough for it to rise again and then dump.

But I guess the question is if it’ll even rise again given everything happening XD

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Well if the investors are pissed, heads are going to roll. Good to know leadership is going to get shaken up.

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No, that’s capitalism.
But I would wait a bit, I would think it’s going to tank a bit further.

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That’s not the defense you may think it is but I see your point ;]

I just dont want to reward a company for this behavior. Thats my only actual concern.

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I wouldn’t right now, I think it’s going to drop a bunch more. Let the stock drop and keep pressuring leadership of the parent company.

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No… at Activision. Parent company isn’t Blizzard.

OP doesn’t know every single stock market is
dropping today :rofl:

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Hope Bobby kept the receipt on the last yacht.

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Nope, wrong as usual Clark.
My Procter and Gamble is still going up!

When stupid people do stupid things… invest in toilet paper.

To be fair to clark… The Dow Jones is down 0.61%, which is about 1/11th of the drop Activision-Blizzard took so far. If he only looked at the colorful lines and ignored the numbers it would make sense.

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Whole market is down about 8% today. The fact their stock wasn’t even slightly shook by this lawsuit just shows you how bad the game is rigged, and especially what shareholders care about (hint: it’s not sexual harrassment).

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I hope a decent company buys blizzard and purges it of its animals.

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No they are not. What you saw was an ad from a law firm fishing for clients, seems like some people here want Blizz to fail.

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Nasdaq is down today

Proctor and gamble is on NYSE

Almost every single stock on NASDAQ is down

So once again you’re getting too excited over nothing as usual

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OP is a stupid moron. the sector (NASDAQ) is down like -300 points all tech stocks are getting hit today. This drop has nothing to do with the scandal.

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Buy the dip!

A law firm fishing for clients with a press release so they can put together a class action suit on behalf of Activision-Blizzard investors is not an active investigation.

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Earnings are next week. Good time to buy the dip.

7% is quite different from 2 to 4% of the other stocks in the sector.

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Thanks! I never know when to jump on these things.