Sony stock jumps following PS4 announcement

While Sony’s share price was in decline ahead of yesterday’s PlayStation Meeting announcement, the reveal of its new hardware prompted a 2.4 per cent rise during after-hours trading.

Share value rose to $14.82 – considerably higher than December’s lowest price of $9.57, and sure to boost investor confidence.

Activision’s stocks also enjoyed a shot in the arm, rising 2.74 per cent following its Destiny presentation for PS4.

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