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Activision Blizzard has lost half its value in 4 months, but traders are betting big ahead of earnings next week

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Video game stocks have been hit hard as competition in the space rises. Traders are betting on Activision Blizzard ahead of next week's earnings, despite disappointing results from Electronic Arts and Take-Two Interactive that have hit the stocks hard this week.

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Dumb... Call of Duty has fell off a cliff

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