i guess i don't understand what being in the black means. stupid me.In the wake of a $115 million loss in Sony's third quarter, its stock price has taken a significant hit, reports Bloomberg. Shares dropped from ¥1,530 ($16.51) to ¥1,365 ($14.7, a decrease of 10.78 percent. Bloomberg notes that this is the eighth consecutive quarter that Sony has posted a loss, and that the stock price decline is the largest the company has seen since November 2008. Investors had hoped the weak Yen would help bolster the company's earnings.
Results 1 to 25 of 39
Thread: Sony returns to black in Q3
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)