Shares of Activision Blizzard Inc. ATVI, -0.52% slipped 0.52% to $73.12 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.60% rising 2.60% to 3,669.91 and the Dow Jones Industrial Average DJIA, +2.83% rising 2.83% to 30,038.72. This was the stock’s third consecutive day of losses. Activision Blizzard Inc. closed $13.78 below its 52-week high ($86.90), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, +3.76% rose 3.76% to $234.24, Sony Group Corp. ADR SONY, +3.17% rose 3.17% to $65.17, and Nintendo Co. Ltd. ADR NTDOY, +1.38% rose 1.38% to $10.31. Trading volume (6.2 M) eclipsed its 50-day average volume of 5.6 M.