Sony Group Corp. ADR Outperforms Market On Strong Trading Day

Dow Jones2023-06-02

DJ Sony Group Corp. ADR Outperforms Market On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Sony Group Corp. ADR (6758.TO) rose 3.16% to $96.66 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 13,100.98 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.

The ADR's rise snapped a two-day losing streak.

Sony Group Corp. ADR closed $2.49 below its 52-week high ($99.15), which the company reached on May 18th.

The ADR outperformed some of its competitors Thursday, as Sharp Corp. ADR (6753.TO) remained unchanged, Koninklijke Philips N.V. ADR (PHIA.AE) rose 1.11% to $19.09, and Panasonic Holdings Corp. ADR (6752.TO) rose 1.97% to $10.61.

Trading volume (968,681) eclipsed its 50-day average volume of 827,692.

Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.

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June 01, 2023 17:25 ET (21:25 GMT)

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