Sony stock going up? Highest rating in 6 months

Sensei

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Sensei on 02 February 2013

It is not a secret that Sony has been in trouble in recent years. However Kaz Hirai has taken charge and promised to restructure Sony and bring it back to profitability. Recently they sold NYC building and now their stock went up again 8.5% in Tokyo due to reports that Sony will sell lithium-ion battery operations, the Yen exchange rate changes also did benefit Sony.

I've checked Sony's stock and it looks like it is highest in 6 months. You guys think Kaz is turning Sony around?

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Akvod on 02 February 2013

More like favorable exchange rates. Haven't you been watching the news this past week?

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VGKing on 02 February 2013

Things are definitely looking up and there's a lot more confidence in Sony.
They're actually doing stuff. Now if only they could save the Vita...

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Xxain on 02 February 2013

geez..How much is SONY selling?

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riderz13371 on 02 February 2013

Does anyone know if an announcement of the PS4 will cause the stock to rise? I don't know much about the stock market, any experts out there?

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Deyon on 02 February 2013

I don't know anything about stocks or how important they are.

Go Sony!!

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Sensei on 02 February 2013

Akvod said:
More like favorable exchange rates. Haven't you been watching the news this past week?

Yeah that too. Kaz is doing some stuff too. At least Sony isn't being a total sitting duck. I guess it's a combination of everything.

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Max King of the Wild on 02 February 2013

riderz13371 said:
Does anyone know if an announcement of the PS4 will cause the stock to rise? I don't know much about the stock market, any experts out there?

If it gets favorable reactions and press it would go up.

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Deyon on 02 February 2013

riderz13371 said:
Does anyone know if an announcement of the PS4 will cause the stock to rise? I don't know much about the stock market, any experts out there?

It will make it go waaaay down! Nobody trusts Sony anymore.

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Birimbau on 02 February 2013

it seems this quarter was the best when it comes to smartphone sales for sony.

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Sony Corporation (ADR)
NYSE: SNE - Feb 1 4:00pm ET

15.13+0.19‎ (1.27%‎)

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Sony Corporation (ADR) NYSE: SNE - Feb 1 4:00pm ET 15.13+0.19‎ (1.27%‎) 1d 5d 1m 6m 1y 5y max Open High Low 14.71 15.14 14.64 Volume Avg Vol Mkt Cap 5,018,489 4,249,000 15.18B Disclaimer Google Finance - Yahoo Finance - MSN Money

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Sony Corporation (ADR)
NYSE: SNE - Feb 1 4:00pm ET

15.13+0.19‎ (1.27%‎)

1d

5d

1m

6m

1y

5y

max

Open

High

Low

14.71

15.14

14.64

Volume

Avg Vol

Mkt Cap

5,018,489

4,249,000

15.18B

Disclaimer

Google Finance - Yahoo Finance - MSN Money