Activision Blizzard stock rises as earnings beat, executives stress zero-tolerance harassment policy

Activision Blizzard Inc. shares rose in the extended session Tuesday after the videogame publisher’s results topped Wall Street estimates and executives focused on how the company will ensure productivity amid workplace-harassment allegations.

On the call, executives repeatedly stressed they were instituting several measures to make the company a safer, more diverse and equal place to work, but that continuing risk factors were still in play. Activision Blizzard shares rose more than 5% after hours, following a 3.5% decline in the regular session to close at $79.83.

Activision said adjusted earnings, which exclude share-based compensation expenses and other items, rose to $1.20 a share from 81 cents a share in the year-ago period. Read: Videogames entered the mainstream for good in the pandemic, but the industry faces a rough transition

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Blizzard president is leaving amid harassment lawsuit against the companyBlizzard President J. Allen Brack is leaving the company, Activision Blizzard says, amid a lawsuit that alleges discrimination and sexual harassment against women at the company. He let it go in for way too long...I'm willing to bet he took part in it.
Fuente: NBCNews - 🏆 10. / 86 Leer más »

Blizzard President J. Allen Brack Exits Amid Sexual Harassment and Discrimination Allegations Against CompanyActivision Blizzard said that longtime exec J. Allen Brack, president of Blizzard Entertainment, is leaving the company. Brack’s exit comes less than two weeks after Activision Blizzard was s… Disgusting I knew something wack was going on over there other than WoW
Fuente: Variety - 🏆 108. / 63 Leer más »

U.S. stock futures point higher as earnings season continuesU.S. stock futures pointed to a return to winning ways Tuesday, as traders grappled with concerns over how the global economy will withstand a more deadly... wow Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
Fuente: MarketWatch - 🏆 3. / 97 Leer más »