DJ Sony Group Corp. ADR Falls Friday, Underperforms Market
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The Sony Group Corp. ADR $(SONY)$ shed 1.30% to $22.01 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.28% to 19,627.44 and Dow Jones Industrial Average falling 0.75% to 44,544.66.
The ADR's fall snapped a four-day winning streak.
Sony Group Corp. ADR closed 3.08% below its 52-week high of $22.71, which the company reached on December 12th.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Sharp Corp. ADR $(SHCAY)$ fell 7.24% to $1.41, Koninklijke Philips N.V. ADR $(PHG)$ fell 1.64% to $27.58, and Kyocera Corp. ADR $(KYOCY)$ fell 0.95% to $10.46.
Trading volume (2.4 M) remained 990,105 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 31, 2025.
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(END) Dow Jones Newswires
January 31, 2025 17:31 ET (22:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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