They don’t have to impress analysts with a cool slide deck or an engaging conference call or throw out a buzzword salad because Microsoft has said they are going to pay $95 a share when the deal closes, which puts a pretty hard ceiling on the share price. But I guess if you aren’t going to do anything fancy you can get things out more quickly.Īnd Activision Blizzard isn’t doing anything fancy because of the Microsoft acquisition. The date was a bit earlier than I expected as well, the pattern generally being that one gets the announcement in the first week of the second month of the quarter. And Elon Musk promptly buried that news by buying Twitter. Activision Blizzard pushed out their Q1 2022 financials at 7:30am Eastern Time yesterday which, while it isn’t the Friday at 4pm routine, still strikes me as an hour suited to attracting less attention or getting bad news out of the way quickly.
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