Why is Activision not trading at $95?

Activision Blizzard (ATVI) stock is trading at around $80 per share, below the $95 bid by MSFT. This is an indication that investors are weighing in a possibility that the deal is blocked by global regulators.

Why has Activision share price dropped?

Activision Blizzard shares fell on Wednesday after the U.K.'s antitrust regulator poured cold water on Microsoft's $69 billion deal for Activision Blizzard , a move that reflects greater skepticism that the technology company will be able to close the merger.

What will happen to my Activision shares?

Following closing, all Activision Blizzard employee shareholders will be treated the same as other shareholders and receive $95.00 for each share of Activision Blizzard stock that they own.

Has the Activision deal gone through?

Japan approves the acquisition

On Tuesday March 28, the Japan Fair Trade Commission became the latest international regulator to approve the deal. It said it had “reached the conclusion that the transaction is unlikely to result in substantially restraining competition in any particular fields of trade.”

How high can Activision stock go?

Activision Blizzard Inc (NASDAQ:ATVI)

The 21 analysts offering 12-month price forecasts for Activision Blizzard Inc have a median target of 95.00, with a high estimate of 95.00 and a low estimate of 81.00. The median estimate represents a +11.48% increase from the last price of 85.22.

We Lost... Scumbag Activision is Doing this now 🥺

Is Activision a buy sell or hold?

Activision Blizzard's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

Will Activision be delisted?

However, as of now the deal is still going ahead and once complete ATVI will be delisted from the Nasdaq (US100). It means that those who have shares in Activision Blizzard will no longer own stock in the surviving business, as it will be owned by Microsoft.

Will the Activision deal get approved?

Microsoft's Activision Blizzard purchase will reportedly be approved by the EU. The company's licensing offers to competitors reportedly helped it clear the obstacle.

What will happen if Xbox buys Activision?

Activision Blizzard own the Call of Duty franchise, one of the biggest in gaming history. If Microsoft's acquisition deal closes, they will own the Call of Duty series, and be able to do whatever they want with it on their Xbox systems going forward. Microsoft could have bought other companies, but it already did.

What does Microsoft deal mean for Activision shareholders?

This means shareholders will no longer own stock in the surviving business, which would be a wholly-owned subsidiary of Microsoft. However, shareholders will have the option to convert shares and will be entitled to receive $95 in cash for every Activision Blizzard share they hold.

Is Activision a good stock to buy right now?

Activision Blizzard Stock Forecast FAQ

The consensus among 13 Wall Street analysts covering (NASDAQ: ATVI) stock is to Strong Buy ATVI stock.

What is Activision buyout price?

Announcement. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.

Will Activision stock split?

(Nasdaq: ATVI) announced today that its two-for-one stock split is effective and its common stock will begin trading today on a split-adjusted basis. As a result of the stock split, there are approximately 1.3 billion shares of Activision Blizzard's common stock issued and outstanding.

Is Microsoft really buying Activision?

Xbox announced via its official Xbox Wire site that it would acquire Activision Blizzard for $68.7 billion. All Activision Blizzard studios which include Blizzard but also Call of Duty developers like Infinity Ward and Sledgehammer would report to Xbox head Phil Spencer.

How long will it take for Microsoft to buy Activision?

Microsoft's planned acquisition of Activision Blizzard, which is a leading developer and publisher of console, online, and mobile games is expected to be completed in June of 2023.

Why does Microsoft want to buy Activision?

Buying Activision will give Microsoft ownership of many of the world's biggest games: not just Call of Duty, but others, including mobile behemoths like Candy Crush. All of those will be part of Microsoft and can be used to boost the offering of the Xbox.

Can you keep a delisted stock?

Though delisting does not affect your ownership, shares may not hold any value post-delisting. Thus, if any of the stocks that you own get delisted, it is better to sell your shares. You can either exit the market or sell it to the company when it announces buyback.

Can you still trade a delisted stock?

Although some brokerages restrict such OTC transactions, you generally can sell a delisted stock just as you would a stock that trades on an exchange. A delisted stock can continue to trade over the counter for years, even if the company files for bankruptcy.

What is the probability of Activision deal closing?

Activision shares are priced now at 20 times earnings. The market is pricing in roughly a 35% to 40% probability of the deal closing.

What is Kratos target price?

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The 10 analysts offering 12-month price forecasts for Kratos Defense and Security Solutions Inc have a median target of 14.50, with a high estimate of 20.00 and a low estimate of 10.00. The median estimate represents a +14.62% increase from the last price of 12.65.

How to buy Activision stock?