Sony Group (NYSE: SONY) announces a 5-for-1 stock split, despite a 15% share decline in 2024.
Sony Group, a Japanese conglomerate (NYSE: SONY), is set to undergo a 5-for-1 stock split. Despite a 15% share decline in 2024, the stock split may present an opportunity for investors. Sony's business, spanning gaming consoles, electronics, and entertainment content, offers diversification. However, the company faces intense competition across its major sectors. Smart investors should carefully consider these factors before investing.
June 23, 2024
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