Microsoft’s Court Win Over FTC Leads Activision Blizzard Stock to Highest Point Since $69 Billion Deal Announcement

Published 07/11/2023, 4:54 PM EDT

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The FTC-Microsoft lawsuit has been one of the major headlines in the industry for quite some time. Since Microsoft‘s deal to take over Activision Blizzard hit the headlines, rumors speculated about the changing scenario of the gaming industry. Following this $69 billion deal, gamers received exciting news. CEO of Microsoft Gaming, Phil Spencer, has confirmed future versions of Call of Duty will be available on PlayStation 5.

The FTC-Microsoft lawsuit is important for many reasons apart from CoD. It brought some serious rumors about Sony‘s attempt to secure a ruling position in the market. Amid the speculation, fans confirmed the mind-blowing stock prices of Activision Blizzard. 

Activision Blizzard’s success on the deal with Microsoft 

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Amid Sony-Microsoft rivalry, we are confirmed that Sony completely disapproved of Microsoft’s deal on buying Activision Blizzard with a heck load amount. It primarily concerned the availability of Call of Duty, considering the game’s popularity. Sony believed CoD becoming an Xbox exclusive could have a serious impact on their fan base. Speaking to The Wall Street Journal, Sony seemed tensed about Microsoft’s intention behind the multi-platform access of Activision’s games. 

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Recently, a secure source posted the news on Twitter about Activision’s soaring high stock prices as they proceeded to enter the $69 billion deal with Microsoft- “Activision Blizzard stock has now soared to the highest price its been since the announcement of the Microsoft acquisition.”

Fans expect a revolutionary change 

Since the Twitter post was published, Call of Duty fans seem to believe that it means the deal’s a success- “It’s pretty much a done deal they just need to wait till after the 14th and they can close it even if they don’t come to an agreement with the CMA by then.”

Some fans commented on how the prices of a lot of gaming stocks went up.

Many followers congratulated the source on posting this incredible news for fans. 

Fans were spotted speaking about the other gaming stocks that increased by an astounding number. In this scenario, they discussed EA’s stock increasing to $70 billion- “It was already announced, that’s why it jumped to $70bn. That was the price MSFT was going to pay, so that Mkt Cap had to get to around 70bn $.”

The Rejected Offer – Jim Ryan’s Counter-Proposal To Phil Spencer in The Microsoft-Activision Blizzard Acquisition

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Overall, people approved of the deal- “Happy I bought in when I did.”

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Microsoft’s deal to take over Activision Blizzard might be successful. With Microsoft’s promise to ship Call of Duty on PlayStation5, fans seemed much more satisfied with the deal. What do you think? Let us know.

Watch this story: PlayStation Plus: Every New Game Coming This July

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Written by:

Upasana Banerjee

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Upasana Banerjee is a writer whose passion for gaming has become one of the fueling forces of her writing. With her passion for Esports, she effortlessly tries to combine her gaming expertise with her storytelling. She tries to inform the readers and at the same time tries to transport her readers to the realm of their favorite games.
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