Shares of Activision Blizzard Inc. ATVI slipped 0.11% to $73.88 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.87% to 3,991.73 and the Dow Jones Industrial Average DJIA rising 0.17% to 33,592.92. This was the stock’s second consecutive day of losses. Activision Blizzard Inc. closed $13.02 below its 52-week high ($86.90), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT rose 0.17% to $241.97, Sony Group Corp. ADR SONY rose 0.32% to $82.68, and Nintendo Co. Ltd. ADR NTDOY rose 1.28% to $10.27. Trading volume (6.8 M) eclipsed its 50-day average volume of 6.4 M.