Sony shares fall as PlayStation 5 sales miss target

Sony shares fell in Tokyo trading on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales.

Sony shares JP:6758 SONY fell 6.5% in Tokyo as the company cut its sales forecast for the current quarter by 100 billion yen ($666 million) and its adjusted earnings before interest, taxes, depreciation, and amortization. and depreciation of 15 billion yen.

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