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Comment on CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are "very excited."

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ManOMorphos@lemmy.world ⁨1⁩ ⁨year⁩ ago

Stock price charts account for all splits/reverse splits, so it wouldn’t be a factor when comparing price over time.

I agree with the first point though. Even just performing slightly below the market with such a massive company would make Kotick very desireable as a new CEO, unfortunately. Maybe some corps would not be fine with his reputation, but I doubt he will struggle to find a position in a new board room.

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Jakeroxs@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
The stock price itself does account for it in the charts, but it doesn’t speak to the market cap aspect.

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- QuaternionsRock@lemmy.world ⁨1⁩ ⁨year⁩ ago
  The charts are in percent, not dollars. It doesn’t matter that Capcom is 8 times smaller if investing $1 in it still yields a higher return on investment.
  
  Also, Take Two may be smaller, but… Grand Theft Auto.
  
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  - Jakeroxs@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    Not true, because of stock splits
    
    Also all I’m looking at is market cap, it doesn’t matter what games you like from them lol
    
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    QuaternionsRock@lemmy.world ⁨1⁩ ⁨year⁩ ago
    
    That’s not how stock splits are documented. The historical price per share is retroactively divided. Otherwise you’d see the share price suddenly drop by 50%…
    
    Market cap by itself is not an indicator of performance. If I invest $1 billion in a company and it’s worth $1.1 billion 10 years later, is that a better or worse return than investing $1 million in a company that’s worth $2 million 10 years later?
    
    I’m not a particularly big fan of GTA. I mentioned it because it’s the most profitable entertainment product ever created.
    
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