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Bobby Kotick Activision Blizzard Alexia Quadrani Video Game Culture CEO Bobby Kotick Activision Blizzard Alexia Quadrani

Activision Blizzard stock plummets after Bobby Kotick allegations

Bobby Kotick Activision Blizzard Alexia Quadrani Video Game Culture CEO
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Activision Blizzard shares are on track for a 19-month low following allegations that CEO Bobby Kotick knew about sexual misconduct claims.A new report alleges that Kotick, who has been CEO of Activision Blizzard since its inauguration in 2008, knew about sexual misconduct claims at the company for years.These allegations have already affected Activision Blizzard’s share prices, with J.P.

Morgan’s Alexia Quadrani slashing her rating of Activision stock from overweight to neutral.Quadrani said (via MarketWatch) that she was “reluctant to downgrade” a stock that’s been underperforming, but “recent negative headlines” surrounding sexual-misconduct allegations “introduce a significant amount of uncertainty into this story.”Activision Blizzard.

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