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Activision Blizzard Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Activision Blizzard Inc. ATVI, +1.17% rose 1.14% to $76.11 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Activision Blizzard Inc. closed $28.42 short of its 52-week high ($104.53), which the company reached on February 16th.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, -0.27% rose 2.17% to $302.75. Trading volume (5.5 M) remained 2.8 million below its 50-day average volume of 8.2 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.