DJ Sony Group Corp. ADR Rises Wednesday, Still Underperforms Market
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The Sony Group Corp. ADR $(SONY)$ inched 0.70% higher to $89.62 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.25% to 16,369.41 and the Dow Jones Industrial Average rising 1.03% to 39,512.13.
Sony Group Corp. ADR closed $11.32 short of its 52-week high ($100.94), which the company achieved on June 13th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Sharp Corp. ADR (SHCAY) rose 1.53% to $1.33, Koninklijke Philips N.V. ADR $(PHG)$ fell 0.91% to $20.61, and Panasonic Holdings Corp. ADR (PCRFY) rose 1.26% to $9.65.
Trading volume (583,012) remained 289,556 below its 50-day average volume of 872,568.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2024.
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(END) Dow Jones Newswires
March 20, 2024 17:36 ET (21:36 GMT)
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