Activision Blizzard Takes Stiff Action on Russia.

Activision Blizzard’s stock prices plummeted after they announced that they halted their games in Russia due to the recent sanctions imposed by the US and European Union. The company’s shares dropped an astonishing 10%, and at this rate, it has been predicted that Activision Blizzard will fall far below Wall Street expectations.

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Experts say this latest news may also harm Activision-Blizzard’s other games, including World of Warcraft, StarCraft, Heroes of the Storm, Diablo III, and Hearthstone. It is hoped that there is no further economic unrest in Russia for their sake and ours and that these sanctions do not last too long.

Activision Blizzard has issued a statement saying that they will be suspending the sale of Activision, Blizzard, and Diablo III products in Russia. They also encouraged any distributors who had already placed orders and stock to immediately return them to the company. The sanctions imposed by the US and European Union mean that Russian banks would not be able to carry out transactions with both companies and their suppliers. The company said it wanted to avoid legal risks with these latest sanctions imposed on them. It is assumed that any future video games will not be released in the region especially given this latest news.

Activision Blizzard’s action also supported Ukraine when Russia invaded Ukraine. They seem to be trying to show their support to the Ukrainian people, and this step by them will certainly help in this.

Activision Blizzard explained to everyone that Activision and Blizzard had been operating in Russia for many years now and that they have a lot of dedicated fans there and employees who will be affected by these sanctions. They have also said that they would like to continue operating there, but this may not necessarily become a possibility with the way things are going. It is very sad news for everyone who has been looking forward to playing Blizzard games in Russia, but it looks like the sanctions have taken precedence over everything else in the region.