Shares of Activision Blizzard Inc. ATVI, +0.53% inched 0.53% higher to $78.25 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.85% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 34,814.39. The stock’s rise snapped a two-day losing streak. Activision Blizzard Inc. closed $26.28 below its 52-week high ($104.53), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, +1.68% rose 1.68% to $304.82. Trading volume (5.5 M) remained 2.6 million below its 50-day average volume of 8.1 M.