DJ Sony Group Corp. ADR Underperforms Wednesday When Compared To Competitors
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The Sony Group Corp. ADR $(SONY)$ slid 1.74% to $21.97 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.03% to 19,649.95 and the Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the ADR's fourth consecutive day of losses.
Sony Group Corp. ADR closed 4.69% short of its 52-week high of $23.05, which the company achieved on February 6th.
The ADR underperformed when compared to some of its competitors Wednesday, as Sharp Corp. ADR $(SHCAY)$ rose 1.29% to $1.57, Koninklijke Philips N.V. ADR $(PHG)$ rose 0.82% to $28.19, and Kyocera Corp. ADR $(KYOCY)$ rose 1.46% to $11.10.
Trading volume (4.9 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 17:32 ET (22:32 GMT)
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