Activision shares fell around 7% AH after the company announced a split from game studio Bungie, which developed the online-only Destiny game franchise.

Activision shares fell around 7% after hours

Video Games

Activision shares fell around 7% AH after the company announced a split from game studio Bungie, which developed the online-only Destiny game franchise.

Activision (NASDAQ:ATVI) is also defending itself this week against discrimination accusations of a former employee and has shuffled executives after losing its chief financial officer to Netflix (NASDAQ: NFLX).


shares dropped as much as 7 percent after hours as the video game company announced it was transferring publishing rights for its Destiny franchise to Bungie. Therefore, Activision will not include revenue, operating income or operating loss from the Destiny franchise in 2019.

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