Co-Chairman of Activision Blizzard cashes in stock for $20 : World of Warcraft General Discussions

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Register to unlock hidden linkJust in time for Activision Blizzard's earnings report, Co-Chairman Brian Kelly liquidated 2 million shares of his stock in the company on March 12, earning over $20 million in the process.

The move has caused some speculation thatRegister to unlock hidden link. Given that Rock Band Guitar Hero and Register to unlock hidden link haven't showed signs of slowing even during the recession, it's a safe guess that the report won't trigger a massive sell-off. Kelly was the only director-level employee Register to unlock hidden linkto have traded large volumes of his stock, so it's unlikely his stock trade is related to Activision Blizzard's performance. When 30 percent of the board of directors begins selling off their assets, it'll be time to panic.

Register to unlock hidden link originally appeared on Register to unlock hidden link on Sat, 14 Mar 2009 19:00:00 EST. Please see our Register to unlock hidden link.

 

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Author: Joe Blancato
Category: activision-blizzardblizzardeconomyfinancialmmo-industrystock-tradingworld-of-warcraftwow
Publish Date: Sat, 14 Mar 2009 19:00:00 EST
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