Apparently, the yen moved higher overnight in Tokyo causing concern for exporters such as Sony. When the yen goes higher, stock price tends to go lower. I think this 5% drop is extreme. It'll be a good excuse to load up with more shares. I just hope it doesn't sink much lower.
What did you really expect? Sony had an 8th loss in a row and start to run out of cash with this burn rate, resorted to selling property to show some profit next QTR.
It will melt down to December levels.
I was laughing when I saw all these people buying the hype and jumping on the stock, within 2 weeks the entire float flipped twice in Japan 2 billion shares were bought on a float of 1 Billion, now that's what we called over bought by a mile.