Looking at high-flying companies trying to descend to lower altitudes
In yet another sign that today's exuberant market conditions are inducing some strange side-effects - to say nothing of the havoc wrought on value investors' psyches - Sony Corp president Nobuyuki Idei was quoted calling his company's shares 'overvalued' in a January 6 interview with Reuters. Investors began dumping the stock as news of the story started to circulate, and by day's end Sony was off 20 percent from its all-time high two days earlier.Idei is not the first high-profile executive
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495
