Sony Group Corp.’s ADR falls on Wednesday and underperforms the market – MarketWatch

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Sony Group Corp.’s ADR  falls on Wednesday and underperforms the market – MarketWatch

The Sony Corp group. ADR SONY,
-0.92%
slid 0.92% to $67.61 on Wednesday in what turned out to be a tough trading session for the stock market, along with the NASDAQ Composite Index COMP,
-0.25%
down 0.25% to 11,148.64 and Dow Jones Industrial Average DJIA,
-0.14%
down 0.14% to 30,273.87. The fall of ADR ended a two-day winning streak. Sony Group Corp. ADR closed $66.14 below its 52-week high ($133.75), which the company hit on January 5.

ADR showed a mixed performance against some of its competitors on Wednesday, such as Microsoft Corp. MSFT,
+0.13%
rose 0.13% to $249.20, Koninklijke Philips NV ADR PHG,
-2.31%
fell 2.31% to $16.09, and Panasonic Holdings Corp. ADR PCRFY,
+0.67%
rose 0.67% to $7.37. Trading volume (635,030) remained 130,905 below its 50-day average volume of 765,935.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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