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Sony stock sees a surge after the Xbox One was unveiled

After Microsoft revealed the Xbox One, stock in Sony actually rose

| Business, Financial & Legal News | Posted: May 22, 2013 2:35 am

Just under twelve hours ago now, Microsoft unveiled their next-generation console, the Xbox One. Funnily enough, at the same time, Sony saw their stock prices lift by a decent margin, from $20.94 to $22.55 when Microsoft started the Xbox One event.

 

TweakTown image news/3/0/30517_01_sony_stock_sees_a_surge_after_the_xbox_one_was_unveiled.jpg

 

Microsoft's stock price didn't shift all that much during or after the event, simply moving from $34.99 to $35.02. It seems as though I wasn't the only one that wasn't blown away by the Microsoft Xbox One, so could this be the start of something interesting for Sony?

NEWS SOURCES:Gameinformer.com

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