DJ Nokia Corp. ADR Falls Wednesday, Underperforms Market
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The Nokia Corp. ADR $(NOK)$ shed 1.44% to $4.78 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.56% to 18,607.93 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
This was the ADR's second consecutive day of losses.
Nokia Corp. ADR closed $0.17 below its 52-week high ($4.95), which the company reached on October 28th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as BlackBerry Ltd. $(BB)$ fell 3.31% to $2.34, Apple Inc. $(AAPL)$ fell 1.53% to $230.10, and Motorola Solutions Inc. $(MSI)$ fell 1.14% to $453.00.
Trading volume (17.1 M) remained 3.9 million below its 50-day average volume of 21.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:29 ET (21:29 GMT)
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