Microsoft Corporation’s (NASDAQ: MSFT) Announcement Causes Sony Group Corp (NYSE: SONY) Shares to Drop

Sony Group Corp (NYSE: SONY) recently recorded their most significant drop since October 2008, after Microsoft Corporation (NASDAQ: MSFT) ,its PlayStation competitor, announced a $69 billion deal to acquire games publisher Activision Blizzard Inc. Sony Group’s shares dropped by 13% in Tokyo following the announcement. The recent acquisition escalates Microsoft’s investing spree to secure intellectual […]