Sony stock fell 3% on Monday due to analyst downgrade citing tariff war vulnerability and declining confidence
From Nasdaq: 2025-04-07 19:07:00
- Sony (NYSE: SONY) stock fell nearly 3% on Monday after an analyst downgraded the company, citing vulnerability to the current tariff war and declining consumer confidence.
- Wolfe Research’s Peter Supino downgraded Sony to a peer perform rating, expressing concern over rising costs due to tariffs imposed by the Trump administration and potential impact on consumer-dependent companies like Sony.
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Read more at Nasdaq: Why Sony Stock Swooned on Monday