Twitch streamer Amouranth's investment in Activision Blizzard stock has yielded her a hefty sum of $261,000. With her success in Twitch streaming and other content creation ventures, instead of splurging on lavish expenses, she wisely chose to invest a significant portion of her earnings. Amouranth has diversified her investments by putting her money into real estate ventures, businesses, and, notably, the stock market.
Amouranth occasionally shares her notable investment choices with her fans on Twitter. Last year, she disclosed her purchase of approximately $2 million worth of Activision Blizzard stock when it was priced at $79.32 per share. Given the remarkable rise in Activision Blizzard's stock price, Amouranth has now reaped a considerable profit.
Amouranth, as mentioned on Twitter, has earned approximately $261,000 from her $2 million investment in Activision Blizzard in the previous year. Presently, the stock of Activision Blizzard is priced at $90.07. Amouranth has disclosed her intention to sell half of her Activision Blizzard stock while its value is increasing.
The stock price of Activision Blizzard has significantly benefited from recent progress related to Microsoft's proposed acquisition of the company. Microsoft initially declared its plans to acquire Activision Blizzard last year; however, there were some obstacles during the process. Despite facing opposition from UK's CMA that blocked the deal in that region, Microsoft has successfully overcome most regulatory barriers to finalize the acquisition. Even though the FTC's attempt to block the groundbreaking deal in the United States failed, Microsoft is now technically eligible to conclude the acquisition.
Unsurprisingly, the positive developments in Activision Blizzard have pleased its shareholders, resulting in a notable increase in the company's stock price. Furthermore, it is anticipated that additional developments throughout the year may push the Activision Blizzard stock price even higher. Notably, there are reports indicating the release of a new Call of Duty game in 2023, which would be highly beneficial for Activision. This news is particularly significant as credible sources previously suggested that there would not be a new main series Call of Duty game in 2023.
Historically, Call of Duty has consistently been the top-selling game each year, and it will be intriguing to observe if the 2023 game can achieve the same level of success. However, it is worth considering that, by that time, Activision may officially become a part of the Microsoft family. Thus, both enthusiasts and potential investors should take this possibility into account.