Sony Group Corp. ADR Underperforms Friday When Compared To Competitors
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The Sony Group Corp. ADR (6758.TO) shed 0.54% to $80.39 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.01% to 11,146.06 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the ADR's third consecutive day of losses. Sony Group Corp. ADR closed $53.36 below its 52-week high ($133.75), which the company reached on January 5th.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.19% to $241.22, Koninklijke Philips N.V. ADR (PHIA.AE) fell 1.12% to $14.11, and Panasonic Holdings Corp. ADR (6752.TO) rose 2.11% to $8.94. Trading volume (371,806) remained 593,840 below its 50-day average volume of 965,646.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:23 ET (22:23 GMT)
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