According to a major Newswire, that reported that Activision Blizzard Chief Executive Officer Bobby Kotick has hinted at leaving the company if he can't quickly resolve issues surrounding allegations of sexual misconduct by senior staff. Activision Blizzard stock traded nearly 3% higher in Monday's premarket.

Employees, investors, and other stakeholders have chastised Kotick, who has managed the video game publisher for three decades, for not doing enough to address the allegations. He has been accused of mistreating women himself.File:Activision.svg - Wikimedia Commons

A complaint has been filed in California against the firm behind the Call of Duty franchise and Candy Crush, alleging gender discrimination. Since the lawsuit was filed in July, the stock has dropped by roughly 30%.

According to two major News Sources, senior executives from Sony and Microsoft, Activision's largest and fourth-largest customers, respectively, wrote to their own employees last week to voice their severe disapproval with the way Activision Blizzard handled sexual misconduct allegations.

According to a recent statement by Activision, the claims have resulted in the departure of at least 20 employees. According to the statement, the corporation has established an $18 million fund to compensate victims of inappropriate behavior.