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Activision Blizzard stock surges 10% after judge rules on Microsoft deal - TL;DR CNBC

Activision Blizzard stock surges 10% after judge rules on Microsoft deal

Publishing timestamp: 2023-07-11 16:05:34


Summary

Activision Blizzard's stock rose 10% after a judge denied the Federal Trade Commission's injunction request to stop Microsoft from acquiring the company. The judge's decision is seen as a positive development for the acquisition, although there are still potential regulatory hurdles to overcome.


Sentiment: POSITIVE

Tickers: ATVIMSFT

Keywords: gaming softwaretechnologyunited statesbreaking news: technologymicrosoft corpbreaking news: businessactivision blizzard incmediaenterpriseinternetbusiness news

Source: https://www.cnbc.com/2023/07/11/activision-blizzard-stock-up-11percent-after-judge-rules-on-microsoft-deal.html


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