Why Activision Blizzard Stock Climbed 12.9% in May
Shares of Activision Blizzard (NASDAQ: ATVI) climbed 12.9% in May, according to data from S&P Global Market Intelligence. The video game company's stock posted big gains following better than expected first-quarter results published early in the month. Activision Blizzard released its first-quarter results after the market closed on May 5, delivering sales and earnings that trounced the market's expectations.