Activision Blizzard (ATVI) Acquires Digital Legends

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Activision CEO seeks large pay cut, links it to gender-related goals

October 28, 2021 11:32 AM EDT

(Reuters) - Activision Blizzard Inc Chief Executive Officer Bobby Kotick has asked the company's board to reduce his total compensation to $62,500, at a time when the owner of the "Call of Duty" franchise is battling claims over sexual harassment and discrimination at its workplace.

Kotick, who received a total compensation... More

Activision Blizzard (ATVI) CEO Issues a Letter on Progress and Commitments

October 28, 2021 5:25 AM EDT

Activision Blizzard, Inc. (Nasdaq: ATVI) CEO Bobby Kotick today sent the following letter to all employees.

October 28, 2021

A few weeks ago, I reiterated our commitment to become the most welcoming, inclusive company in our industry. Today, I want to update you on some initial progress and important, additional steps we are taking to advance our commitment with greater impact, transparency, and urgency.

First, I want to offer my sincere gratitude for your continued focus and dedication to our players and to each other. Youve shown incredible resilience throughout the pandemic, exceptional... More

Activision Blizzard (ATVI) PT Lowered to $106 at JPMorgan

October 27, 2021 8:58 AM EDT

JPMorgan analyst Alexia Quadrani lowered the price target on Activision Blizzard (NASDAQ: ATVI) to $106.00 (from $115.00) while maintaining a Overweight rating.... More