Activision Blizzard Stock Nosedives After Bungie/Destiny Split

Activision and Bungie made a big announcement today when the companies confirmed they were splitting up, with Bungie getting the Destiny franchise going forward. While Destiny 2: Forsaken might have failed to reach Activision's commercial sales expectations, it still means that the publisher is losing a revenue stream.So it's no surprise, then, that Activision Blizzard's stock price dropped dramatically after the news was made public. Investors were seemingly spooked at the idea of Activision Bl