DJ Nokia Corp. ADR Underperforms Wednesday When Compared To Competitors
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The Nokia Corp. ADR $(NOK)$ dropped 0.89% to $4.46 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 43,958.19 and the NASDAQ Composite Index falling 0.26% to 19,230.73.
This was the ADR's second consecutive day of losses.
Nokia Corp. ADR closed $0.49 below its 52-week high ($4.95), which the company reached on October 28th.
The ADR underperformed when compared to some of its competitors Wednesday, as BlackBerry Ltd. $(BB)$ rose 0.83% to $2.44, Apple Inc. $(AAPL)$ rose 0.40% to $225.12, and Motorola Solutions Inc. $(MSI)$ fell 0.15% to $496.70.
Trading volume (17.0 M) remained 3.8 million below its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:29 ET (22:29 GMT)
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