Activision Blizzard (ATVI) slides on quarterly earnings

Activision Blizzard, Inc. (NASDAQ: ATVI) fell 0.6% to $21.68. Activision Blizzard reported upbeat quarterly earnings. However, the company's revenue missed analysts' estimates. The company also issued a weak outlook. Share volume was 18.7 million, trouncing an all-day average of 7.9 million.