DJ Sony Group Corp. ADR Underperforms Wednesday When Compared To Competitors
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The Sony Group Corp. ADR $(SONY)$ slid 3.53% to $24.89 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.41% to 18,872.64 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
The ADR's fall snapped a two-day winning streak.
Sony Group Corp. ADR closed 4.56% below its 52-week high of $26.08, which the company achieved on April 30th.
The ADR underperformed when compared to some of its competitors Wednesday, as Sharp Corp. ADR $(SHCAY)$ fell 0.79% to $1.25, Koninklijke Philips N.V. ADR $(PHG)$ fell 2.21% to $23.43, and Kyocera Corp. ADR $(KYOCY)$ rose 0.49% to $12.30.
Trading volume (5.1 M) remained 1.8 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 17:31 ET (21:31 GMT)
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