Sony Group Corp. ADR Underperforms Friday When Compared To Competitors
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The Sony Group Corp. ADR (6758.TO) slipped 1.37% to $82.79 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the NASDAQ Composite Index falling 0.18% to 11,461.50. The ADR's fall snapped a three-day winning streak. Sony Group Corp. ADR closed $50.96 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 Friday, as Sharp Corp. ADR (6753.TO) rose 3.41% to $1.82, Koninklijke Philips N.V. ADR (PHIA.AE) rose 1.87% to $15.27, and Panasonic Holdings Corp. ADR (6752.TO) fell 1.18% to $9.25. Trading volume (706,215) remained 279,584 below its 50-day average volume of 985,799.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 17:37 ET (22:37 GMT)
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