Sony stock crashes after PS4 conference

Sony’s stock has crashed after they revealed the PS4.

It could be because they didn’t show the main box or investors were simply not impressed with the system’s reveal. There were hardly new IPs shown at the conference and it seems that Sony didn’t do a good job of selling the system.

This is not a good development as it shows the investors aren’t pleased with what Sony had to show about the console which was in development for many years.

It could also be a normal stock behavior considering investors usually sell their stocks on new news and buy on rumours. This could be normal thing as well, but it’s our job to report on this so here you go.

sony stock