Reported 28 days ago
Sony Group Corp. saw a significant jump in its stock price, rising up to 11% after the company raised its profit expectations due to a surge in PlayStation 5 demand and a strong performance in its entertainment sectors. The company announced a buyback of up to 30 million shares and reported record numbers of PlayStation online subscribers. With a robust lineup of upcoming titles and a successful streaming music segment, Sony is optimistic about sustaining its growth in the fiscal years to come.
Source: YAHOO