Nokia Corp. ADR falls Thursday, underperforms market – MarketWatch

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The Nokia Corp. ADR
NOK,
-0.33%
dropped 0.33% to $6.12 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.13%
falling 0.13% to 15,080.86 and Dow Jones Industrial Average
DJIA,
-0.47%
falling 0.47% to 36,236.47. This was the ADR’s third consecutive day of losses. Nokia Corp. ADR closed $3.67 below its 52-week high ($9.79), which the company achieved on January 27th.

The ADR underperformed when compared to some of its competitors Thursday, as Telefon AB L.M. Ericsson ADR
ERIC,
-0.28%
fell 0.28% to $10.79, Cisco Systems Inc.
CSCO,
+1.06%
rose 1.06% to $60.92, and Hewlett Packard Enterprise Co.
HPE,
+0.47%
rose 0.47% to $16.97. Trading volume (27.6 M) eclipsed its 50-day average volume of 20.3 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Source: https://www.marketwatch.com/story/nokia-corp-adr-falls-thursday-underperforms-market-01641507171-a30331a16ca5