A little more than a year ago, Activison’s (ATVI) stock started to massively depreciate in value and managed to find a bottom only at the beginning of February. Currently, the company’s stock is slowly but surely recovering from that fall. Based on our findings, it has a chance to create additional shareholder value in the foreseeable future. Our analysis shows that Activision’s stock is undervalued in comparison to its peers from the gaming industry and we are optimistic about the company’s future.
The latest earnings report was released back in August and it