Activision Set to Launch Sekiro: Shadows Die Twice in 2019

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Activision Blizzard ATVI is ready to release Sekiro: Shadows Die Twice , a third-person, action-adventure game with RPG elements, globally, in early 2019.

The game has been developed by Tokyo, Japan-based FromSoftware. Sekiro: Shadows Die Twice is directed by Hidetaka Miyazaki, who is known for his work on the Dark Souls franchise.

The single-player game, set in the late 1500s Sengoku Japan, promises new features like "vertical traversal" that is expected to attract players. The game will be released on Microsoft's MSFT Xbox One, PlayStation 4 & Playstation 4 Pro, and PC via steam for $59.99.

Expanding Portfolio: Key Catalyst

The new game expands Activision's portfolio for the upcoming holiday season. The company is primarily riding on Call of Duty and Overwatch , which fueled top-line growth in the last reported quarter. King Digital's Candy Crush continues to contribute significantly to the company's revenues.

Activision Blizzard, Inc Price and Consensus

Activision Blizzard, Inc Price and Consensus | Activision Blizzard, Inc Quote

Activision has eight $1 billion franchises, including Call of Duty , Destiny 2 , StarCraft , World of Warcraft , Diablo , Hearthstone and Heroes of the Storm . The company is now including a battle royale (BR) game mode called "Blackout" in the highly anticipated Call of Duty: Black Ops 4 game that is set to release on Oct 12.

The BR game mode is not only expected to boost Activision's competitiveness against its traditional rivals but also Fortnite , a free game that has been played by more than 45 million people worldwide.

Notably, Electronic Arts EA recently announced that it will include a BR mode in its Battlefield V game, which is also expected to release prior to the holiday season. Activision's another close peer, Take Two Interactive TTWO is scheduled to release Red Dead Redemption 2 on Oct 26.

Zacks Rank

Currently, Activision has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Symbols: MSFT , ATVI , TTWO , EA

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