Warren Buffet Bought 14.7M Activision Blizzard Shares Before Microsoft’s Announcement
workplace scandal that rocked the company and the poor performance of existing IPs. Stock prices have since rebounded to $81.35 USD following news of the acquisition.
One of the major shareholders who will benefit greatly from the increase in stock price is Warren Buffet’s Berkshire Hathaway. The company apparently purchased roughly a billion US dollars in shares when ABK’s stock price crashed in the latter part of 2021 and just weeks before Microsoft made their announcement which means that they stand to make a killing once the deal pushes through sometime next year.