Why Activision Blizzard Stock Dropped 4% Today
Shares of video game giant Activision Blizzard (NASDAQ: ATVI) are slumping 4% as of 2:55 p.m. EDT Tuesday, after the company announced a change in management.
This morning, Activision President Daniel Alegre said he was "pleased to announce" that development executive vice president Jen Oneal and platform and technology executive vice president Mike Ybarra have been appointed "co-leaders of Blizzard," replacing that division's current president, J. Allen Brack.
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Source Fool.com
