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The Holidays May Help Sony Make Up For Lost Time

4 47 17
25.09.2021

Sony Group (NYSE: SONY) is slightly lagging the S&P 500 Index in 2021. However, after flirting with being negative for the year, SNE stock has been having a nice rally. Since August 19, the stock is up 21% and with the holiday season approaching, the rally may have some legs.

I know summer has just turned to fall, but that only means the holidays will be here before you know it. I’m not trying to rush the season, but wasn’t it vice president Kamala Harris who suggested Americans get an early jump on their holiday shopping? The vice president was referring to supply chain difficulties that are likely to linger into 2022.

However, some consumers are still trying to fulfill wish lists from the last holiday season. And one of those items is the Sony PlayStation 5. Last year was supposed to be a big year for gaming consoles. However, it was right around this time when consumers began to........

© Entrepreneur


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