SONY is trading at $21.58 (-3.01%) in pre-market following the company's confirmation that it will close Bluepoint Games, the studio responsible for the Demon's Souls and Shadow of the Colossus remakes.
- The strategic cost-cutting move will result in a full shutdown by March 2026, affecting 70 employees.
- Shares are declining in early trading despite modestly higher market futures as investors react to the February 19 announcement.
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