{"id":37031,"date":"2023-07-17T23:04:35","date_gmt":"2023-07-18T03:04:35","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/warren-buffets-berkshire-hathaway-cuts-activision-blizzard-stake\/"},"modified":"2023-07-17T23:04:36","modified_gmt":"2023-07-18T03:04:36","slug":"warren-buffets-berkshire-hathaway-cuts-activision-blizzard-stake","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=37031","title":{"rendered":"Warren Buffet\u2019s Berkshire Hathaway cuts Activision Blizzard stake"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002287704\" role=\"document\">\n<p>Warren Buffett\u2019s Berkshire Hathaway Inc.<br \/>\n        BRK.B,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200060694\/composite\" class=\"positive\">+0.93%<\/bg-quote><\/p>\n<p>        BRK.A,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208872451\/composite\" class=\"positive\">+1.18%<\/bg-quote><br \/>\n       has cut its stake in videogame publisher Activision Blizzard Inc.<br \/>\n        ATVI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200717283\/composite\" class=\"positive\">+3.49%<\/bg-quote><br \/>\n       to 1.9%, according to a securities filing late Monday. Berkshire was Activision\u2019s No. 2 institutional shareholder previously, with a 6.3% stake bested only by Vanguard Group Inc.\u2019s 7% stake at the time. The action came as a federal judge last week ruled against the Federal Trade Commission\u2019s lawsuit to block the merger between Activision and Microsoft Corp.<br \/>\n        MSFT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207732364\/composite\" class=\"positive\">+0.14%<\/bg-quote><span>.<\/span><br \/>\n       The courts on Friday also denied the FTC\u2019s appeal. Shares of Activision and Microsoft were down 0.6% and 0.1%, respectively, in the aftermarket Monday, after ending the regular trading day up 3.5% and 0.1%. Activision shares jumped 9% in the last week. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/warren-buffets-berkshire-hathaway-cuts-activision-blizzard-stake-329bfa98?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett\u2019s Berkshire Hathaway Inc. BRK.B, +0.93% BRK.A, +1.18% has cut its stake in videogame publisher Activision Blizzard Inc. ATVI, +3.49% to 1.9%, according to a securities filing late Monday. Berkshire was Activision\u2019s No. 2 institutional shareholder previously, with a 6.3% stake bested only by Vanguard Group Inc.\u2019s 7% stake at the time. The action [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-37031","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Warren Buffet\u2019s Berkshire Hathaway cuts Activision Blizzard stake | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Warren Buffett\u2019s Berkshire Hathaway Inc. BRK.B, +0.93% BRK.A, +1.18% has cut its stake in videogame publisher Activision Blizzard Inc. 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