: Activision Blizzard stock falls to lowest close in more than a year after report that CEO knew about misconduct for years

Activision Blizzard Inc. stock dropped to its lowest close in more than a year Tuesday following a report that Chief Executive Bobby Kotick knew about sexual harassment and misconduct at the videogame publisher for years, which reportedly prompted employees to stage a second walkout.

Activision Blizzard ATVI shares fell 6.1% to $66.14, the lowest closing price for the stock since May 1, 2020, according to FactSet data. Shares are down nearly 15% over the past 12 months, versus a 29.1% rise in the S&P 500 index SPX, and a 34%…