Sony stock value plummets $20bn following word of Microsoft Activision Blizzard deal Eurogamer.net 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. News by Tom Phillips Deputy Editor Updated on 19 Jan 2022 203 comments 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. Watch on YouTube 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. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Overwatch 2 suffers another DDoS attack and character roster bugs Mei Mei. 7 Nintendo Switch firmware update lets you take screenshots in the Switch Online app The app on your console, not your phone. 7 Latest Articles Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Jelly Deals Logitech's G Pro X gaming headset is its lowest-ever price during Amazon's Early Access sale Prime Members can get it for just £52. Jelly Deals Save over £500 off the retail price on this beefy ASUS TUF Dash gaming laptop from Amazon Under £1080 for an RTX 3070 laptop. Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store