- Sony (NYSE:SNE) plans to raise up to ¥440B ($3.6B) by issuing new shares and convertible bonds to help finance an increase in production of image sensors used in smartphones.
- Shares plunged 8.3% in Tokyo on news of the fundraising plan.
- Sony's image sensors business is becoming its strongest and fastest growing unit as sales at its TV and mobile operations struggle.
Sony tumbles on fundraising plan
Recommended For You
About SONY Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
SONY | - | - |
Sony Group Corporation |