The Sony Group Corp. ADR SONY slid 0.23% to $93.84 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.69% to 12,316.90 and the Dow Jones Industrial Average DJIA rising 1.33% to 33,248.28. This was the ADR’s second consecutive day of losses. Sony Group Corp. ADR closed $39.91 short of its 52-week high ($133.75), which the company reached on January 5th.
The ADR underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT rose 0.79% to $274.58, Koninklijke Philips N.V. ADR PHG rose 2.85% to $25.23, and Panasonic Holdings Corp. ADR PCRFY rose 0.70% to $9.27. Trading volume (644,260) remained 154,669 below its 50-day average volume of 798,929.