Activision Blizzard Stocks On The Rebound
It's been a rough year for Activision Blizzard. Following the lackluster response to BlizzCon 2018, the backlash over Diablo Immortal, and the mass layoffs in February, ATVI stock dropped by roughly 50% and remained flat for most of this year. Recently however, ATVI has been climbing as analysts have been upgrading the stock--citing the excellent performance of Classic WoW and Blizzard's expected releases from 2020 onward. Of particular interest to Diablo fans is that Diablo IV is listed as one of the factors leading to ATVI's upgraded expectations. Visit CNBC for more details.
This all falls in line with the constant string of rumors we've been hearing since last year. Even Blizzard's competitors have been talking about Diablo IV, with Grinding Gear Games' Director Chris Wilson commenting on how they've been developing Path of Exile's 4.0.0 expansion with the eventual release of Diablo IV in mind. We know Blizzard is working on Diablo IV, so it's a matter of when we will see some sort of announcement rather than if we will. In the event that Diablo IV gets announced at this year's BlizzCon, it's not likely to release anytime soon. A release in 2021 seems like a safe bet, but what do you think? Do you think we'll get a Diablo IV announcement this year? Let us know in the comments or stop by the forums.