Sony falls below 1,000 yen for first time since 1980 | Inquirer Business

Sony falls below 1,000 yen for first time since 1980

/ 10:36 AM June 04, 2012

TOKYO – Sony shares tumbled below 1,000 yen for the first time since 1980 as the Tokyo stock market plunged early Monday following a dismal performance from Wall Street and amid global economic concerns.

The entertainment and electronics giant dropped to 990 yen shortly after the opening bell, before recovering to 1,001 yen as of 11:00 am (0200 GMT).

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TAGS: economy, Japan, Sony, stocks

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