Sony dips after warning of third straight net loss

By @ibtimes on

Shares in Sony Corp <6758.T> dipped in early trade on Tuesday but quickly recovered to rise more than 1 percent to 2,238 yen, after warning the previous day it would post a third straight annual net loss.

It estimated a loss for the year ended March 31 of 260 billion yen ($3.2 billion), which compares with the company's previous forecast of a 70 billion yen profit.

Sony is set to announce its results on Thursday.

(Reporting by Isabel Reynolds)

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