Sony shares plunge

Editorial Team
Editorial Team
Sony shares plunge

Shares in Japanese electronics and entertainment giant Sony have plunged more than 10 percent after the company slashed its full-year profit outlook.

Shares plunged 11 percent to 1,667 yen on the Tokyo Stock Exchange on Friday.

The firm lowered its full-year profit forecast by 40 percent on Thursday as it reported a loss for the July-to-September quarter.

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The Editorial team at APAC Outlook Magazine is a team of professional in-house editors led by Jack Salter, Head of Editorial at Outlook Publishing.