Sony Group Corp. ADR Falls Friday, Underperforms Market

Dow Jones03-23

DJ Sony Group Corp. ADR Falls Friday, Underperforms Market

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

The Sony Group Corp. ADR $(SONY)$ slumped 0.11% to $88.62 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.16% to 16,428.82 and the Dow Jones Industrial Average falling 0.77% to 39,475.90.

This was the ADR's second consecutive day of losses.

Sony Group Corp. ADR closed $12.32 short of its 52-week high ($100.94), which the company reached on June 13th.

The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Sharp Corp. ADR (SHCAY) rose 6.85% to $1.40, Koninklijke Philips N.V. ADR $(PHG)$ fell 1.82% to $20.00, and Panasonic Holdings Corp. ADR (PCRFY) rose 0.83% to $9.73.

Trading volume (298,757) remained 578,590 below its 50-day average volume of 877,347.

Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2024.

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March 22, 2024 17:36 ET (21:36 GMT)

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