Sony Group Corp. ADR Falls Monday, Underperforms Market
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The Sony Group Corp. ADR (6758.TO) slipped 1.62% to $79.09 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.09% to 11,024.51 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the ADR's fourth consecutive day of losses. Sony Group Corp. ADR closed $54.66 short of its 52-week high ($133.75), which the company achieved on January 5th.
The ADR underperformed when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 0.34% to $242.05, Koninklijke Philips N.V. ADR (PHIA.AE) fell 0.35% to $14.06, and Panasonic Holdings Corp. ADR (6752.TO) fell 0.39% to $8.90. Trading volume (720,866) remained 242,006 below its 50-day average volume of 962,872.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:22 ET (22:22 GMT)
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