Shares of gaming company Activision Blizzard moved lower Monday after it announced plans to let go of its chief financial officer.
Activision Blizzard shares moved down 1 percent in after-hours trading on Monday after the company said that it has informed its chief financial officer, Spencer Neumann, that it plans to let him go. For now he has been placed on a paid leave of absence.
The news comes after a rough year for the gaming company, whose shares have fallen 26 percent in 2018.
