Ubisoft Gains on Console Sales as China Lifts Ban
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Ubisoft Entertainment rose to the highest in almost three months after China lifted a 13-year ban on video-game consoles and as sales of Sony Corp. and Microsoft Corp.’s gaming machines helped drive the stock.
The “Assassin’s Creed” game producer’s shares gained as much as 7.3 percent in Paris, the biggest intraday jump since October, and traded 6 percent higher at 10.88 euros as of 10:54 a.m. in Paris.