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Buffett Invests $1 Billion in Activision Blizzard

Buffett Invests $1 Billion in Activision Blizzard

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Warren Buffett (Trades, Portfolio)’s conglomerate Berkshire Hathaway (BRK.A)(BRK.B) bought approximately $1 billion worth of shares in leading gaming firm Activision Blizzard ( ATVI , Financial) during the fourth quarter of 2021. The stock traded for an average share price of $68 during the quarter, which made the market cap at the time of purchase just $50.4 billion.

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