Gaming giant Activision Blizzard's stock has rallied by almost 60% in the last year following strong results in all four quarters of the last fiscal year. Following the release of the fourth quarter results, the company’s stock rose almost 20% to an all time high of $47.23. Digital Content, Mobile Drives GrowthIn 2016, Activision witnessed growth across all major platforms – PC, Mobile and Consoles. The acquisition of King Digital helped the company gain an incremental 20% in revenues and also helped it expand its footprint in Asia. During the last year, the company’s revenues from the mobile platform rose 4x over last year to $1.7 billion.

Source: Forbes February 23, 2017 18:43 UTC