The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill along with analysts Jason Moser and Andy Cross discuss the top business and investing stories of the day.
Shares of Sony (NYSE:SNE) hit a new 52-week high on Tuesday on the news that hedge fund manager Dan Loeb was pushing for Sony to spin off its entertainment division. Loeb, who owns a 6.5% stake in the Sony, hand-delivered a letter to Sony CEO Kazuo Hirai. In this installment of MarketFoolery, our analysts talk about the future of Sony.
The relevant video segment can be found between 0:27 and 5:15.