- Microsoft Corp (NASDAQ:MSFT) gaming EVP Phil Spencer is evaluating its relationship with Activision Blizzard Inc (NASDAQ:ATVI) following indifference to official sexual misconduct incidents by Activision CEO, the Wall Street Journal reports.
- Microsoft was Activision's fourth-largest customer in 2020.
- Activision is battling protests and demands of CEO resignation from its employees, shareholders, and customer Sony Group Corp (NYSE:SONY).
- Multiple investment firm analysts have slashed their price targets on Activision following the revelation of the scandal.
- Price Action: MSFT shares traded higher by 0.27% at $342.20 in the premarket session on the last check Friday.
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