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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.

@anthony256
Published Tue, May 21 2013 9:35 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

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.

Sony stock sees a surge after the Xbox One was unveiled | TweakTown.com

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 SOURCE:gameinformer.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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