NEW YORK, NY / ACCESSWIRE / November 30, 2018 / U.S. markets closed lower on Thursday as investors await details from this weekend's trade meeting between President Trump and Chinese President Xi Jinping. The Dow Jones Industrial Average fell 0.11 percent to close at 25,338.84, while the S&P 500 Index decreased 0.22 percent to close at 2,737.76. The Nasdaq Composite Index fell 0.25 percent to close at 7,273.08.
The Market Edge Initiates Coverage on:
Activision Blizzard, Inc.
Activision Blizzard's stock jumped 3.02% Thursday, to close the day at $52.56. The stock recorded a trading volume of 9,367,158 shares, which was above its three months average volume of 8,732,578 shares. In the last year, Activision Blizzard's shares have traded in a range of 46.83 - 84.68. The share price has gained 12.24% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $62.86 is below its 200-day moving average of $72.40. Shares of the company are trading at a Price to Earnings ratio of 69.34. Shares of Activision Blizzard have fallen roughly 19.41 percent in the past month and are down 16.99 percent year-to-date.
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On Thursday, shares of Zynga recorded a trading volume of 9,625,263 shares, which was below the three months average volume of 11,840,089 shares. The stock ended the day 0.83% higher at $3.64. The share price has fallen 20.35% from its 52
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