Sony Stock Takes $20 Billion Hit After Microsoft Announces

Sony stock dropped 13% after the announcement Microsoft will be acquiring Activision Blizzard. Here's why Sony lost $20 billion in value.

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Sony loses $20 billion of its market value amid Microsoft's deal to acquire Activision Blizzard

Sony Loses $20 Billion in Market Value After Microsoft-Activision Deal

Sony lost $20 billion in market value following Microsoft's acquisition of Activision Blizzard - Dot Esports