2021 has been a tough year so far for Activision Blizzard (NASDAQ: ATVI), the largest gaming publisher in North America, known for its Call of Duty franchise. While these concerns have some merit, Activision Blizzard has been a strong-performing stock over the long term, trouncing the total returns of the SPDR S&P 500 ETF (NYSEMKT: SPY) over the last few decades. Activision Blizzard publishes numerous games, but the most successful is Call of Duty.
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