The video game industry is involved in the development, marketing, and sale of video game hardware and software. Top companies include Electronic Arts Inc. (EA) and Nintendo Co. Ltd. (NTDOY). The video game industry has performed well during the COVID-19 pandemic as business shutdowns and social-distancing measures have limited peoples' entertainment options.
For years, growth stocks have been beneficiaries of outsized gains compared to the averages. The main criteria we look for when betting on the upside in a stock is improving fundamentals, great entry points (technicals), and a history of bullish trading activity in the shares.
In the latest trading session, Activision Blizzard, Inc (ATVI) closed at $94.06, marking a -1.99% move from the previous day.