Videogame stocks slide after Vivendi (VIVHY.PK) sells 35M shares of Activision Blizzard (ATVI),...

|About: Vivendi SA ADR (VIVHY)|By:, SA News Editor
Videogame stocks slide after Vivendi (VIVHY.PK) sells 35M shares of Activision Blizzard (ATVI), reducing its stake by about three percentage points to 60%. The 35M shares represent nearly four days of average trading volume in the stock; pressured by the increased supply, ATVI -4.3%, to $12.25. Also: THQI -7.6%, GME -2.8%, TTWO -1.2%, ERTS -0.2%.