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

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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.

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Current PriceTarget Research Rating

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.

Rating Review

The stock is currently unrated.

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