Sony Share Prices See Losses After Production Cut Announcement – InvestingCube

As retailers re-open, online retail giants such as Amazon are feeling the impacts of rising staffing costs and capital, leading to the potential for further losses in their share price. Similarly, the Tokyo-based electronics company, Sony Corp. has erased recent gains and closed at 2.4% lower on September 15, which was their lowest level since July this year. Bloomberg reports how some factors contributing to this downturn may include the production cut in the console production of the PlayStati…

Click here to view the original article.