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Sony Group Posts Upbeat Earnings, Joins GameStop, Paysafe And Other Big Stocks Moving Higher On Tuesday

Benzinga ·  May 14 23:01

U.S. stocks were higher, with the Dow Jones gaining around 20 points on Tuesday.

Shares ofSony Group Corporation(NYSE:SONY) rose sharply during Tuesday's session after the company reported better-than-expected quarterly financial results.

Sony Group reported fiscal fourth-quarter 2023 sales growth of 14% year-on-year to $23.49 billion (3.48 trillion Japanese yen), beating the analyst consensus estimate of $19.20 billion. EPS of $1.04 (153.60 yen) beat the analyst consensus estimate of 79 cents, according to data from Benzinga Pro.

Sony Group shares gained 6.3% to $80.95 on Tuesday.

Here are some other big stocks recording gains in today's session.

  • AMC Entertainment Holdings, Inc...
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