DJ Sony Group Corp. ADR Underperforms Monday When Compared To Competitors
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The Sony Group Corp. ADR $(SONY)$ slid 3.00% to $85.96 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.27% to 16,384.47 and Dow Jones Industrial Average falling 0.41% to 39,313.64.
This was the ADR's third consecutive day of losses.
Sony Group Corp. ADR closed $14.98 below its 52-week high ($100.94), which the company achieved on June 13th.
The ADR underperformed when compared to some of its competitors Monday, as Sharp Corp. ADR (SHCAY) fell 2.86% to $1.36, Koninklijke Philips N.V. ADR $(PHG)$ fell 0.55% to $19.89, and Panasonic Holdings Corp. ADR (PCRFY) fell 2.16% to $9.52.
Trading volume (723,096) remained 138,311 below its 50-day average volume of 861,407.
Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2024.
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(END) Dow Jones Newswires
March 25, 2024 17:35 ET (21:35 GMT)
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