DJ Sony Group Corp. ADR Falls Thursday, Underperforms Market
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The Sony Group Corp. ADR $(SONY)$ slid 1.20% to $20.66 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the NASDAQ Composite Index falling 0.10% to 19,372.77.
This was the ADR's second consecutive day of losses.
Sony Group Corp. ADR closed $2.05 short of its 52-week high ($22.71), which the company achieved on December 12th.
The ADR underperformed when compared to some of its competitors Thursday, as Sharp Corp. ADR $(SHCAY)$ fell 0.64% to $1.55, Koninklijke Philips N.V. ADR $(PHG)$ rose 1.30% to $25.03, and Kyocera Corp. ADR $(KYOCY)$ fell 0.72% to $9.68.
Trading volume (4.4 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:38 ET (22:38 GMT)
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