DJ Sony Group Corp. ADR Underperforms Friday When Compared To Competitors
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The Sony Group Corp. ADR $(SONY)$ slipped 2.53% to $20.83 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.50% to 19,954.30 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
The ADR's fall snapped a four-day winning streak.
Sony Group Corp. ADR closed 8.28% short of its 52-week high of $22.71, which the company achieved on December 12th.
The ADR underperformed when compared to some of its competitors Friday, as Sharp Corp. ADR $(SHCAY)$ remained unchanged, Koninklijke Philips N.V. ADR $(PHG)$ rose 0.19% to $26.87, and Kyocera Corp. ADR $(KYOCY)$ rose 1.15% to $10.60.
Trading volume (4.9 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 24, 2025 17:31 ET (22:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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