DJ Nokia Corp. ADR Falls Thursday, Underperforms Market
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The Nokia Corp. ADR $(NOK)$ slid 6.92% to $4.98 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 5.97% to 16,550.61 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The ADR's fall snapped a four-day winning streak.
Nokia Corp. ADR closed 9.12% short of its 52-week high of $5.48, which the company achieved on March 18th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as BlackBerry Ltd. $(BB)$ fell 7.37% to $3.14, Apple Inc. $(AAPL)$ fell 9.25% to $203.19, and Motorola Solutions Inc. $(MSI)$ fell 0.34% to $435.50.
Trading volume (26.4 M) eclipsed its 50-day average volume of 22.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 17:26 ET (21:26 GMT)
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