Following a successful quarter and improved forecasts of Sony shares reached a nine-year high
A couple of days ago, Sony has published the financial report for the previous quarter. All divisions except for division of the mobile devices were profitable. Moreover, all showed a considerable increase in profits. For example, a unit Game & Network Services increased its operating profit by 188,3%, and unit Pictures — 96.9%.
And it immediately affected the stock Sony. They increased in price by about 14% and the trend continues. Moreover, the achieved figure is the highest since 2008.
This contributed not only the figures of the last quarter, but the improvement of the forecast for the whole year, which for investors is often more important.