If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Sony stock value plummets $20bn following word of Microsoft Activision Blizzard deal

Share play.

Shares in Sony have dropped by 13 percent, as the Tokyo stock market reacted to yesterday's industry-shaking announcement that Microsoft will buy Activision Blizzard.

The fall in stock price is the largest since October 2008 - the same month Sony was forced to recall 100,000 laptop batteries due to fire hazard.

The Financial Times and Bloomberg spotted Sony's sudden stock plunge overnight, and noted it had wiped around $20bn from Sony's market value.

Eurogamer Newscast Special: Xbox buying Activision Blizzard.

There was positive news for other game makers, however. Shares for Japanese publishers such as Square Enix, Capcom and Konami all rose around five percent, while Ubisoft's price surged 11 percent - all perhaps seen as Microsoft's next target.

Microsoft's astonishing $68bn price-tag for Activision Blizzard was calculated based on a price of $95 per share - roughly 45 percent above Activision's stock price before the announcement.

Come 2023, when the deal is likely finalised, this will give Activision Blizzard's shareholders a significant payday. This is also expected to be when controversial boss Bobby Kotick finally exits.

Will you support Eurogamer?

We want to make Eurogamer better, and that means better for our readers - not for algorithms. You can help! Become a supporter of Eurogamer and you can view the site completely ad-free, as well as gaining exclusive access to articles, podcasts and conversations that will bring you closer to the team, the stories, and the games we all love. Subscriptions start at £3.99 / $4.99 per month.

About the Author

Tom Phillips avatar

Tom Phillips

Deputy Editor

Tom is Eurogamer's deputy editor. He writes lots of news, some of the puns and makes sure we put the accent on Pokémon.


More News

Latest Articles

Supporters Only

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Eurogamer.net Merch