Shares of electronic giant, Sony, have begun their rebound following the company press event that outlined the return of the PlayStation Network and “welcome back” package to customers. Up nearly 2% since the announcements, the incentive package offered to PSN gamers to come back to the network seem to be a contributing factor to the rise. The “welcome back” package consists of a 30 day free subscription to the PlayStation Plus service for all non-plus subscribers. If you are already a PS Plus subscriber, you’ll be receiving a 30 day extension to your subscription.
The Sony stock has seen around a five percent drop since the onset of the PSN outage, with American Depository Receipts dropping from around 30.50 to a low of 28.00 during the outage. The 2.5% jump in share price on the Tokyo Stock Exchange is likely to trickle over to the NYSE listing of the Depository Notes when markets open this morning.
Image Source: Famous Battles from Ancient Japan
- This article was updated on:May 16th, 2017