Sony stock drops in wake of split with Marvel

[Deleted member 249]

Sony and Disney have officially fallen out over the rights and profits to Spider-Man in the movies. Needless to say, the reactions of outrage from Marvel fans have been explosive; and now, it's looking like backlash to the announcement could affecting Sony's bottom line profits.

Analyst have observed a dip in Sony's stock price immediately following the breaking news that the studio was breaking ties with Disney's Marvel Cinematic Universe. Check out the official figures in the chart below (measured at the time of writing this):

Click to shrink...

SOURCE

The market appears to be pretty unhappy with Sony not playing ball with Marvel. It is possible they are in the right, and Disney is strongarming them; however, the end result is that this blowback is making Sony look bad.

I do hope that Marvel and Sony end up coming to an agreement on this.

 

[Svearik]

That doesn't look that dramatic to be honest.

 

[BDS]

This article is two days old and Sony's stock is currently sitting at the same value it was last Friday.

 

[taahahmed]

This doesn't seem dramatic at all lol.

 

[Gumshoe]

Dramatic, hahaha.

 

[Noctis]

This article is two days old and Sony's stock is currently sitting at the same value it was last Friday.

Click to shrink...

Thread done.

 

[Deleted member 17402]

"Dramatically"
Can you actually take a look at the graph you quoted?
Ignore the lines but actually read the numbers.

 

[DMczaf]

That y-axis...

Operation : Protect The Mouse is in full effect.

 

[Ajax125]

"dramatically"

 

[kIdMuScLe]

That isn't the lowest it has been so how is that bad?

 

[Meg Cherry]

The stock hasn't dropped because most analysts are still convinced this whole thing is just Disney posturing to convince Sony into taking a worse deal.

 

[Deleted member 249]

Yeah, chill ya'all, I asked for the title to be edited already.

 

[excelsiorlef]

No it didn't

 

[MattyG]

0.11% is nothing, seems like normal market fluctuations to me

 

[Zok310]

Looks like it dropped from 57 high this week to 55 as of today.
Not so dramatic, their numbers this month have swing by larger amount since before the split.

 

[Crumb]

Wow, is it time to buy? It can only go up from here.

 

[Emwitus]

Era truelly is obsessed with the mcu

 

[--R]

Even if the article is old, they've suffered quite a drop today.

 

[jvalioli]

-0.11% is practically a rounding error.

 

[patientzero]

Was just thinking, "what two-bit hack source would use that headline combined with that graph?"

Lo and behold....

 

[Toumari]

Actual clickbait. You'd assume it to be at least a 10% drop for it to be noteworthy.

 

[Nightengale]

Stock market analysis from ComicBook.com, heh.

 

[Deleted member 17402]

Yeah, chill ya'all, I asked for the title to be edited already.

Click to shrink...

Even so it's still a very unnecessary and silly topic to create. We are talking about a drop so insignificant that happens on a daily basis with all companies where no news is being reported.

 

[Euphoria]

It's down over $2 from yesterday's closing and $0.30 from closing last Friday.

Not sure I would call that "dramatic". I think this thread is more dramatic than the stock drop.

 

[voOsh]

That looks like a click-bait article from a comic site. They are hoping people look at the graph and not the actual numbers. A 0.1% drop is news?

 

[Araex]

If words got out that Sony took the 50/50 deal, it might actually drop "dramatically".

 

[Deleted member 8593]

People know that Disney is gonna take away the Spidey game license and give it to EA now.

 

[Keyser S]

6 month graph...

 

[patientzero]

Yeah, chill ya'all, I asked for the title to be edited already.

Click to shrink...

Would've been smarter to tell yourself to chill before posting a dubious article from a dubious site.

Want financial news? Look at financial sources.

 

[Deleted member 8468]

"Drastic"

Some of y'all should follow crypto if you want to see drastic.

 

[Scuffed]

I don't think we would see a drop yet. I imagine many are holding out hope that it gets resolved. Now if the deal being dead is a certainty long term or Holland bolts then we are in for an interesting ride.

If words got out that Sony took the 50/50 deal, it might actually drop "dramatically".

Click to shrink...

We are hearing it was 30% now so not sure where that number will land at the end of the day.

 

[zero_suit]

Not even a dollar drop....dramatic.

 

[Deception]

This actual is old and based on an original bad take but since the news broke the stock has dropped roughly 4.5%.
Not significant as it has been lower in the last 30 days but definitely concerning.

 

[Euphoria]

6 month graph...

Click to shrink...

Oh man do you see that drop? Damn...

What does this mean for PS5?

 

[RSTEIN]

"Drastic"

Some of y'all should follow crypto if you want to see drastic.

Click to shrink...

Some of you crypto guys should follow natural gas if you wan to see drastic

 

[foppy79]

That y-axis...

Operation : Protect The Mouse is in full effect.

Click to shrink...

"WHO'S MOUSE?"
Football stadium full of Disney fans
"OUR MOUSE!"

 

[Minilla]

Yeah, chill ya'all, I asked for the title to be edited already.

Click to shrink...

might as well ask for it to be locked, its such a non event, lol

 

[real2]

As others have mentioned, this isn't significant really. Like people on the gaming side who watch Nintendo stock (or with any stock really), there will be day to day changes. Now if there was something significant like a 10% drop, then yeah investors aren't happy with something (in this case the Marvel news).

 

[Cation]

It's dramatic if you were shorting it. Some people have made several thousand overnight on r/wsb. But if your investing, this is a joke.

Edit: It would have been stupid if people bought calls lol

 

[Window]

I knew it would be a comic book website or some variation before I clicked the link.

 

[Voytek]

Are you telling me Sony is doomed?!

 

[Hippopuncher12]

Oh my god that drop amount!!! Wait, this is nothing......

 

[PlanetSmasher]

This article is two days old and Sony's stock is currently sitting at the same value it was last Friday.

Click to shrink...

I was gonna say.

 

[Septy]

Even if the article is old, they've suffered quite a drop today.

Click to shrink...

All tech companies dropped today

 

[Bear]

6 month graph...

Click to shrink...

So it's flat more or less. Got it.

 

[KenobiLTS]

Lool sure, that's why.
Man MCU fans are unbelievable.

 

[Dodongo]

They will be okay, I think

 

[Fedeuy]

Manabyte 2, the return.

 

[--R]

All tech companies dropped today

Click to shrink...

Yeah, the thread itself is quite dumb considering they've been entire months where they were lower.

 

[scare_crow]

The market appears to be pretty unhappy with Sony not playing ball with Marvel

Click to shrink...

First, that's not dramatic, as many others have pointed out. Secondly, it's Marvel who isn't playing ball.

This whole thing is going to be insufferable with the Marvel "fandom" (bleh) throwing fits.