EricHiggin on 20 February 2024
It's just basic market math.
PS=games. Games=profits. No games=no profits. No profits=stock decline.
However, this compounded with the moves MS is making with XB, and SNY showing what look like small signs of uncertainty with PS, doesn't help.
If SNY looks to be more confident early next year and has a decent PS first party lineup ready, plus the GTA:VI hype, that $10 bil will not only return but increase.
