Sony shares plunge

Editorial Team
By 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 Alex Tuck, Head of Editorial at Outlook Publishing.