Sony soars: historic rise in shares after PlayStation triumph
By: Vladyslav Nuzhnov | today, 12:03
Shares of Sony rose 4.1% to close at 3,338 yen ($22) on Tuesday, surpassing the previous record of 3,260 yen set in 2000. According to the Wall Street Journal, the stock's rise came after the company posted strong second-quarter results, driven by profits in the games segment.
Here's What We Know
Operating profit for the three months ended September reached approximately $900 million, a new record for PlayStation in the second quarter.
Sony forecasts that the PlayStation business will generate record operating profit for the current fiscal year ending March 2025, driven in part by strong sales of third-party games and PlayStation Plus.
Sony shares. Illustration: -yahoo-
Source: videogameschronicle
