"Call of Duty" Is Fueling a Record Year at Activision Blizzard

Activision Blizzard (NASDAQ: ATVI) continued to benefit from people at home playing video games during the second quarter. The strong results were driven by various franchises across the business, but the Activision segment was the standout, with net revenue nearly doubling year over year to $993 million in the quarter. The Call of Duty franchise has helped the company reach a much wider audience across platforms and geographies, and that has put Activision Blizzard on pace to reach a record level of total bookings and earnings per share this year.