Post-Trade Analysis: Long Position SONY/Short XLK
Real Vision: Finance & Investing
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XL K - What's the Deal?
The market wiped out four x sony's entire gaming segment for full year revenues in like, a single five and a half hour trading day. Sony is not a member of x l k because it's the japanese company, its japanese listet stock, and it's not an s p 500, you know, t company, which is what x l k is. So that means, apparently, the microso plus ac division deal apparently would also have hit the music division, and somany pictures and entertainment business. And so i get short exposure on x l k, which is basically all competitors of sony's various segments.
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