Impact

Resistance

Billion

<ul class="list-ic vertical">
 <li><span>1</span> <a>Microsoft closed an acquisition worth $69 Billion purchase of Activision Blizzard on Friday.&nbsp;&nbsp;</a></li>
 <li><span>2</span> <a>Microsoft share (NYSE: MSFT) price slid 1.04% on Friday and closed at $327.73.&nbsp;</a></li>
 <li><span>3</span> <a>The daily chart illustrates a divergence indicating the bullish movement possible in the stock.</a></li>
</ul>
<p>Microsoft Corp. has completed the $69 Billion acquisition of Activision Blizzard, the maker of Call of Duty and other hit games, after overcoming regulatory and competitive hurdles. The deal closed on Friday after Microsoft cleared the last hurdle from the “UK’s Competition and markets authority”.&nbsp;&nbsp;</p>
<p>The deal gives Microsoft a chance to compete with Sony’s PlayStation in the gaming market. Spencer, who has led Xbox since 2014, now faces the challenge of integrating the business and making the most of its assets. Activision Blizzard CEO Bobby Kotick, will step down at the end of the year and help with the transition.</p>
<p>The $69 Billion deal is considered to be the largest acquisition by Microsoft to date. The last major acquisition of Microsoft was Linkedin which was acquired in June 2016 worth $26.2 Billion.&nbsp;</p>
<p>Moreover, the company faced many challenges in the whole process from regulators around the world who feared that the deal would reduce competition. The regulators also attempted to stop tech companies like Google, Apple, Amazon, etc. for Antitrust Violations.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="532" height="702" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-432.png" alt="Microsoft Closes $69 Billion Takeover Of Activision, Impact on Price?" class="wp-image-176054" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-432.png 532w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-432-227x300.png 227w" sizes="(max-width: 532px) 100vw, 532px">
  <figcaption class="wp-element-caption">
   Source: Yahoo Finance
  </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="strong-impact-of-acquisition-on-microsoft-stock-price-strong"><strong>Impact Of Acquisition On Microsoft Stock Price.</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431.png" alt="Microsoft Closes $69 Billion Takeover Of Activision, Impact on Price?" class="wp-image-176052" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-431-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: MSFT 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>Moreover, the stock price did not experience any major impact despite the biggest acquisition by Microsoft. The MSFT stock price closed at $327.73 with an intraday loss of almost 1%.&nbsp;</p>
<p>Currently, the stock price seems to be respecting an upper trendline resistance and nearing the 50-day EMA. The stock price might continue and decline more if the price follows the same trend. However, the stock price might show volatility in Monday’s session amid the acquisition news.&nbsp;</p>
<p>The overall technical indicators including RSI and MACD opinion rating for the <a href="https://www.thecoinrepublic.com/2023/09/07/pfe-stock-price-prediction-will-pfizer-continue-to-decline/" target="_blank" rel="noopener noreferrer nofollow">MSFT stock</a> is a 32% “buy” with a weakening short-term outlook on maintaining the current trend.&nbsp;&nbsp;</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>Microsoft stock has closed the acquisition of Activision Blizzard, the maker of Call of Duty, for $69 Billion, the largest deal in its history. The deal was approved by UK regulators on Friday, after facing challenges from other countries. The deal will help Microsoft compete with Sony in the gaming market.&nbsp;</p>
<p>Activision Blizzard CEO Bobby Kotick will leave at the end of the year. Microsoft stock price did not change much after the deal, but it may show volatility on Monday. The technical indicators suggest a 32% “buy” rating for the stock.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li><strong>Support Levels:</strong> $323.5 and $309.01.</li>
 <li><strong>Resistance Levels:</strong> $333.7 and $342.81.</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Microsoft Closes $69 Billion Takeover Of Activision, Impact on Price?

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