DJ Sony Group Corp. ADR Rises Wednesday, Outperforms Market
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The Sony Group Corp. ADR $(SONY)$ rose 3.12% to $20.50 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.45% to 19,511.23 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The ADR's rise snapped a four-day losing streak.
Sony Group Corp. ADR closed 9.73% below its 52-week high of $22.71, which the company achieved on December 12th.
The ADR outperformed some of its competitors Wednesday, as Sharp Corp. ADR $(SHCAY)$ fell 1.94% to $1.42, Koninklijke Philips N.V. ADR $(PHG)$ rose 1.93% to $25.40, and Kyocera Corp. ADR $(KYOCY)$ rose 1.18% to $10.30.
Trading volume (4.7 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 18:10 ET (23:10 GMT)
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