Activision Blizzard stock has fallen after Destiny 2<\/em> developer Bungie announced its split from the publisher. Stock began dropping on Thursday night and continues into Friday morning\u2014reaching as low as 12 percent down at the time of writing on Friday. Activision Blizzard had seen a brief upward trend, gaining 18 percent since a major stock market drop in December, before the stock decline last night, according to InvestorPlace<\/a>.
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Related: Bungie to take sole control over <\/a>Destiny<\/a><\/em><\/strong>
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The news of Bungie\u2019s split from Activision Blizzard comes following news of a leadership shuffle at Activision Blizzard. Call of Duty <\/em>vice president Rob Kotish is now the Activision president. Numerous other executive departures have been announced over the past few months as well, including former Blizzard president Mike Morhaime. After stepping down from his role as Blizzard president<\/a> in October, Morhaime will end his strategic advisory role<\/a> at the company in April.
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