DJ Nokia Corp. ADR Outperforms Market Despite Losses On The Day
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The Nokia Corp. ADR $(NOK)$ sank 0.64% to $4.68 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.60% to 18,276.65 and Dow Jones Industrial Average falling 0.96% to 42,514.95.
This was the ADR's second consecutive day of losses.
Nokia Corp. ADR closed $0.14 below its 52-week high ($4.82), which the company achieved on October 21st.
Despite its losses, the ADR outperformed some of its competitors Wednesday, as BlackBerry Ltd. $(BB)$ fell 5.00% to $2.47, Apple Inc. $(AAPL)$ fell 2.16% to $230.76, and Motorola Solutions Inc. $(MSI)$ fell 0.66% to $467.08.
Trading volume (20.0 M) eclipsed its 50-day average volume of 19.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2024.
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(END) Dow Jones Newswires
October 23, 2024 17:29 ET (21:29 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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