Sony Group Corp. ADR Falls Friday, Underperforms Market
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Sony Group Corp. ADR (SONY) fell 2.05% to $27.71 on Friday, ending a two-day winning streak. This decline occurred during a mixed trading session, with the Dow Jones up 0.16% and NASDAQ down 0.21%. The ADR is 8.50% below its 52-week high of $30.29 reached on October 9. Compared to competitors, Sony underperformed, as Sharp Corp. ADR rose 0.57%, while Koninklijke Philips N.V. and Kyocera Corp. had minor fluctuations. Trading volume was 3.0 million, below the 50-day average of 4.0 million.
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