+ Activision Blizzard Q3 Earnings + Huge Drop! What happened?!

The Q3 earnings are out. Here is what ATVI CEO Bobby Kotick had to say: “Our third quarter results exceeded our prior outlook for both revenue and earnings per share,” said Bobby Kotick, Chief Executive Officer of Activision Blizzard. “Recent launches have enabled significant growth in the size of our audiences for our Call of Duty® and World of Warcraft® franchises. As we introduce mobile and free-to-play games based on our franchises we believe we can increase audience size, engagement and monetization across our wholly owned franchises. With a strong content pipeline and momentum in mobile, esports and advertising, we are confident we will remain a leader in connecting and engaging the world through epic entertainment.” Stock dropped before earnings and after-hours. What is the reason?! Let's have a look together. Charts by yahoo.finance.com https://www.investopedia.com/activision-blizzard-earnings-4775205?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo https://finance.yahoo.com/news/activision-blizzard-announces-third-quarter-210500231.html https://www.marketwatch.com/story/activision-blizzard-profits-narrow-amid-hong-kong-protest-controversy-2019-11-07?siteid=yhoof2&yptr=yahoo ►►► FOLLOW ME ON SOCIAL MEDIA PLATFORMS ►► STEAM CURATOR GROUP: https://store.steampowered.com/curator/33611530/ ►► TWITTER: https://twitter.com/streamingdeluxe ►► FACEBOOK PAGE: https://www.facebook.com/Streaming-Deluxe-273115699970844/ ►► FACEBOOK PROFILE: https://www.facebook.com/dan.orange.374 ►► YOUTUBE: https://www.youtube.com/channel/UC1UE5TPoF0HX0HVpF_E4uPQ ►► STEAM GROUP: https://steamcommunity.com/groups/streamingdeluxe ►► TWITCH: https://www.twitch.tv/mrorange55 ►► INSTAGRAM: https://www.instagram.com/streamingdeluxe/ ►► MIXER: https://mixer.com/streamingdeluxe _______ ►►► I capture my videos with OBS and cut them with https://www.movavi.com/ ►►► My cover picture is from No Man's Sky Next. ►►► Background Music by www.bensound.com. _______ ►►► Support for my channel. Never demanded, but always appreciated: ► https://u.muxy.io/tip/mrorange55 _______ ►►► Thank you so much for watching my videos. This is simply great. DISCLAIMER: Game copy received for free for review purposes. _______ DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. #activisionblizzard #q3earnings #activisionblizzard #diablo4 #overwatch2 #worldofwarcraftshadowland #diablo #newgamesblizzard #activisionstock #stockmarket #earnings #q3