The lights are on
Microsoft's Xbox One reveal event coincided with a dramatic jump in Sony's stock price.
Sony's stock leapt up to $22.55 from when the Microsoft event started at 1pm Pacific time, a significant jump from the $20.94 it was at noon Pacific.
Microsoft's stock price, on the other hand, barely moved from the beginning to the end of the event, opening at $34.99 and closing at $35.02.
A lot of factors play into stock pricing, of course, but it's difficult to ignore the remarkable spike in Sony's value that took place during Microsoft's event.
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I wonder why?
Wish this would have happened while my class's stock market competition was still in session.
My sides are no longer on this plane of existence!