Sony Group Corp. ADR Falls Wednesday, Underperforms Market
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The Sony Group Corp. ADR (6758.TO) slipped 1.86% to $81.14 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.54% to 11,183.66 and Dow Jones Industrial Average falling 0.12% to 33,553.83. Sony Group Corp. ADR closed $52.61 short of its 52-week high ($133.75), which the company reached on January 5th.
The ADR underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.18% to $241.73, Koninklijke Philips N.V. ADR (PHIA.AE) fell 1.68% to $14.61, and Panasonic Holdings Corp. ADR (6752.TO) rose 0.58% to $8.66. Trading volume (851,356) remained 120,430 below its 50-day average volume of 971,786.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:23 ET (22:23 GMT)
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