PotentHerbs said:
I think its a bit understated, but Sony went from near bankruptcy at the start of the last decade, leading them to focus on their entertainment pillars as they slowly reduced their debt, to tripling their market cap and increasing their profit margins significantly before the launch of the PS5. Has there been a better company turnaround in the last decade than Sony? |
I can't think of one offhand, but there probably has been. Lots of companies tripled their market cap in the last decade. Lots of companies significantly increased margins. Lots of companies reduced debt.
The last decade saw one of the great bull runs in history. Many, many companies did extraordinarily well.