Sony, which is the company behind the video game brand PlayStation, has seen the price of its actions fall into a substantial amount on the last day after the Microsoft ad from the acquisition of Activision Blizzard. The movement is one that, when announcing, had an impact in several ways in the Games panorama, but Sony itself hurried to feel the effect of movement.
When the stock market opened this week for the first time in the United States, Sony immediately saw the price of its actions falling at approximately $4 compared to the closure of last week, which was $124. As the Tuesday, the price of actions continued to fall even more, which led Sony at a value close to $115 at the end of the day. And although it seemed that this could only be a unique situation for Sony, the losses did not end there. In the course of today, January 19, the actions fell another $5, so its price is now situated about $110. It remains to be seen if this trend will continue as the week progresses, but it definitely seems that shareholders are now revaluing their position with Sony, since PlayStation can access titles such as Call of Duty, Overwatch and many other game properties..
So, what does this mean for Sony in the long term? Well, probably not much. If you paid attention to the stock market during the last year, the price of a company’s shares can fluctuate everywhere; GameStop is a great example of this. Even though Sony might be seeing the value of his actions this week, he could easily recover in a short time once the company makes an important announcement that shareholders find encouraging. Perhaps the revelation of an Xbox Game Pass competitor for Sony, which is reported will occur in the coming months, will cause the price of Sony’s actions once again.
What do you think about all this situation with the value of Sony’s actions affected by the acquisition of Microsoft? And can you imagine Sony trying to make an own acquisition to be face to face with Microsoft? Let me know all your own thoughts in the comments or send me a message on Twitter a @ mooreman12.