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Why Activision Blizzard Stock Climbed 12.9% in May

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.