Why Sony Stock Raced 9% Higher on Friday

Investors rewarded the company's latest piece of news by snapping up its shares. Tech and entertainment conglomerate Sony (SONY 8.98%) hasn't been considered a major player in either industry for decades. But you wouldn't know that from its stock's performance on Friday. On some quite positive company news, it was a hot item among investors, so much so that it closed the day 9% higher in price. That absolutely crushed the performance of the S&P 500 index, which inched up 0.3%. Sales bumped higher and net in ...