Activision Blizzard down 50 percent in four months, and strategist says 'stay away'

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Activision Blizzard has shed more than half its value in 4 months, and one strategist says 'stay away'

 

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Activision Blizzard has lost half its value in 4 months, but traders are betting big ahead of earnings next weekVideo 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. Dumb... Call of Duty has fell off a cliff
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