Activision raises sales forecast on lockdown demand, new COD release hopes

"Call of Duty: Black Ops Cold War" is set to release on Nov. 13, following the launch of Sony Corp'sPlayStation 5 and Microsoft'sXbox Series X. The launch of new consoles has traditionally boosted videogame sales.The company also topped third-quarter adjusted sales estimates on strong sales of "Call of Duty: Modern Warfare" and forecast holiday-quarter adjusted revenue of $2.73 billion, above Wall Street estimates of $2.63 billion.