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Are These 3 Video Game Stocks Now In Play?

5 19 1
17.08.2022

stock hasn't gotten much traction since its earnings report on August 1.

On the one hand, that lack of movement is not particularly surprising, given that Microsoft has offered to buy the game software and console maker for $68.7 billion, or $95 per share. Stocks often gap higher on a buyout bid, as Activision did in January.

On the other hand, there's still a wide gap between Activision's current price and Microsoft's offer. Activision shares were trading between $80 and $81. That's essentially where they have been rangebound for the past few weeks.

Here's where uncertainty about the Microsoft deal comes into play: The acquisition is under scrutiny from antitrust regulators not only in the U.S., but globally. While the market waits for multiple approvals, the stock is languishing well below that magic price of $95.

This means there could be an opportunity for investors to exploit the difference between the offer and the current price. If the deal goes through, that could result in a big payday for investors. But there's still a risk that the acquisition........

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