Wednesday , October 20 2021

Activision: the price of the action stumbles after Blizzcon debacle


Diablo fans make Blizzard's hell, which is also featured on the stock market.Diablo fans make Blizzard's hell, which is also featured on the stock market.

The stock of Activision Blizzard suffered a severe blow in the aftermath of the BlizzCon disaster around the Immortal Devil. For example, security was closed yesterday in the German tradegate bag lost almost seven percentMeanwhile, the price was corrected a little longer.

Below you can see the graph of Activison Blizzard:

Activision Blizzard Share

Activision Blizzard stock chart
course providers: L & S RT

The main reason for the scary stock since the first announcement in the stock market is probably the announcement of Diablo Immortal in BlizzCon 2018, a mobile deployment the popular RPG brand of action.

The fans of BlizzCon and the Internet (social networks, YouTube) reacted extremely negative, many had more than the announcement of a PC successor for Diablo 3 or at least a new extension. Blizzard had still tried to dampen expectations in advance, but that could not appease fans.

When Blizzard finally announced the mobile game Diablo Immortal, the public reaction and the network was frozen. Downvotes acclaimed in the Immortal Devil's YouTube trailer and angry comments on Twitter. Shortly after the revelation and the Shitstorm in the network, the outlier described above was observed in the stock exchanges.

Diablo Immortal – Blizzard was expecting criticism, but not so violent

An analyst or sees positively

Analyst Timothy The Shea, despite the lightning storm, was still confident and had words of praise for the Activision movement in the Asian market, Bloomberg reports.

"Diablo should be the first shot of Blizzard in the big global mobile game market, with games like this attracting a large mobile audience in Asia, and Diablo franchise is very popular in the United States, China, Europe and Korea."

The developer Blizzard joined the Chinese technology giant Netease to implement Mobile-Diablo. This and the popularity of mobile gaming platforms in Asia confirm the belief that Activision Blizzard wants to enter the Asian market with Diablo Immortal.

However, the hope for Devil 4 remains: Blizzard has already indicated that "what everyone expects" is also under development, but will not be presented until the developers are ready.

The future of action games – What Diablo 4 should do now (Plus)

The influence of the players should not be underestimated

That big announcement and the judgment of the fanatics, influential and presses can have a sometimes strong influence on the behavior of the investors, showed the participation of Activision Blizzard already before the beginning of Call of Duty: Black Ops 4. In this case, the tendency went into the Another direction: after the beta phase of the Battle Royale blackout on PS4 was well received, the stock of Activision Blizzard increased significantly.

Diablo Immortal - Blizzard ignores his loyal fans and get a BlizzCon disaster "width =" 16 "height =" 9


Immortal Devil – Blizzard ignores his most devoted admirers and gets a disaster from BlizzCon

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