Sony Group Corp. ADR Underperforms Thursday When Compared To Competitors
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The Sony Group Corp. ADR (6758.TO) slid 0.38% to $80.83 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.35% to 11,144.96 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the ADR's second consecutive day of losses. Sony Group Corp. ADR closed $52.92 below its 52-week high ($133.75), which the company achieved on January 5th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.02% to $241.68, Koninklijke Philips N.V. ADR (PHIA.AE) fell 2.33% to $14.27, and Panasonic Holdings Corp. ADR (6752.TO) rose 1.04% to $8.75. Trading volume (608,538) remained 363,396 below its 50-day average volume of 971,934.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:23 ET (22:23 GMT)
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