Alert: Major Price Advance (12/29/23)-Activision Blizzard Inc (NASDAQ: ALIM).

On 12/29/23, Activision Blizzard Inc (NASDAQ: ALIM) stock enjoyed a major increase of 11.3%, closing at $4.32. Moreover, trading volume in this advance was above average at 145% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.1% during the last week.

ALIM's future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a major Value Eraser.
Alimera Sciences is currently unrated.
The stock is currently unrated.