Exactly 1 year ago it was $81 per share, now its almost half that at $48.
What caused the big drop in share price?
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BfA being trash.
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stocks rose as BfA launch approached and public interest in the game increased.
BfA released, and public interest declined and probably trended downwards until classic release date was announced, and 8.2 launched and now classic is launching so I could see the stocks going back up if enough people like 8.2 and enough people like classic.
Every single expansion has seen a sharp spike in subscriber numbers, and then it drops again over the next 2-3 months, and then kind of levels out again over the next year. Big patches that are eagerly awaited will see subscriber spikes and bigger presence on twitch/youtube/reddit etc.
**also, the stock prices are probably for Activision Blizzard, not “Blizzard” so Call of Duty is probably their biggest money maker in terms of the whole franchise and not just sales numbers. So asking why the stock prices have dropped in the last year, well it’s been a really negative year for AAA game studios like EA and Activision.
What’s happened to your eyesight - it is $48 not $43.
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Got a lot of numbers in-front of me now, misread it. Thanks for the heads up, fixed in OP.
What happened was poor planning - no new games being released this year.
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They removed the PvP vendors and any kind of currency and progression that the players liked, which was not broken, and replaced it with casual RNG mechanics that rewards you the exact same 30-ilvls-lower-than-your-WQs-gear loot for 4-5 weeks in a row. Because boohoo, some people were better at making decisions using currency than the average idiot (WoW player). There you have it.
On a serious note, I’d like to point out that it’s probably because of many reasons like the one above (even if you think I might exaggerate a little), that gravitate around the same subject: Ion and Co. are botching the content in favor of easy quick RNG that makes them profit money-wise, but will surely kill their game on the long run.
They don’t like listening to their core audience. “You think you do, but you don’t.”
That single idiotic response during that infamous and underwhelming Blizzcon was a huge nail in the coffin.
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ATVI (Activision/Blizzard) stock price has fluctuated a lot YTD due to various news stories…
The disappointing launch of Destiny 2, the price of electronics (PC components), etc. Also, AAA developers (like Act-Blizz) have heavily relied on loot boxes as a driving source of revenues. With loot boxes receiving increasingly negative reviews, congressional probes, investigations correlating loot boxes (gambling mechanics) and addictive behaviors, and now flat-out bans in numerous countries… investors have become worried that the cash cow that is the loot box will negatively impact corporate earnings.
According to numerous news sources, Blizzard made over $4B (that’s billion with a B) in 2017 from micro-transactions alone. ATVI has also seemed to slow down its production schedule… no new major franchises or game releases.
That’s my really short and sweet MBA opinion.
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That’s odd, the millions upon millions of us enjoying the expansion have a differing opinion. It’s funny that you’re probably still paying monthly for a game you pretend to hate.
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Dunno. Don’t care really.
I dont pay a cent.
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blizzard is about a third of their revenue so they’ve got bigger issues than BFA being garbage
Also pretty much every single gaming companies stocks went down. Singling out Blizz without mentioning this is irresponsible, and smacks of someone just trying to inflame.
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They assumed everyone had phones
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Activision-Blizz is getting slaughtered in terms of PR right now.
Defense of loot boxes, use of tax havens, scummy monetization policies, footage of executive level officials giving presentations on the best way to get their clients to double dip…
It’s been rough and they deserve it. The name reservation for classic was also a cluster and I guarantee launch will be drastically worst… Honestly I might buy a put around that time.
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Yeah BfA is what caused the entire crash of tech stocks and prevented ActiBlizz from releasing games as well as D2 doing poorly and their last CoD underselling.
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I haven’t seen those. Where they at?
CoD under performed, Destiny 2 underperformed, Overwatch was stagnating, and they announced no new games for a huge chunk of 2019. The only game that was over performing was World of Warcraft yet for some reason people like to blame BfA…
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Stock prices don’t just fall due to bad promo on one game. It works as a whole. So interest was up by the general gaming public, a boo boo happened, lots of bad news plus no new real releases that sparks interest for shareholders. So when they see fear, or no new money to be made, it went down.
It won’t stabilize but it’s at a point where it should be, lest we get a slew of new releases and positive news etc on potential $$ being made as a whole company.
it’s what the edgy kool kids do.
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