The stock market may be hovering around all-time highs, but some companies are finding ways to lower their share prices to make them more accessible to a bigger pool of investors. That includes electronics giant Sony Group.
This brand-name tech stock is set to split its shares for the first time in almost a quarter of a century.
In the closing of the recent trading day, Sony (SONY) stood at $96.80, denoting a +0.24% change from the preceding trading day.
Sony's PlayStation Network went down for hours on Tuesday, frustrating gamers around the world who complained they weren't able to sign in to their accounts.
Sony Pictures Entertainment CEO Tony Vinciquerra will step down from his role at the beginning of next year and will be succeeded by COO Ravi Ahuja effective Jan. 2, 2025, the company said in a statement on Tuesday.
Sony's PS5 Pro was already the most expensive major gaming console. Then it got even pricer.
In late November 2020, I was one of those people standing in line—or rather, refreshing my browser—hoping to snag a PlayStation 5 during a restock. The pandemic was in full swing, and with most of the world locked indoors, there weren't many better things to do.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Recently, Zacks.com users have been paying close attention to Sony (SONY). This makes it worthwhile to examine what the stock has in store.
With the launch of the INZONE M10S and INZONE M9 II to the INZONE gaming gear range, SONY aims to elevate the gaming experience.
Sony and MicroStrategy have expanded beyond their roots in electronics and software, respectively, adding complexity to investing in them. Sony is focused on its entertainment business and plans a partial spin-off of its financial services arm.
Sony stock remains a buy due to its undervaluation compared to peers and its strong global brand in gaming and music. The spin-off of the financial unit next year could help unlock value for shareholders. Complexities around the tax status of the spin-off may present further opportunities for investors before such value is realized.