Nokia Corp. ADR underperforms Thursday when compared to competitors – MarketWatch

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The Nokia Corp. ADR
NOK,
-0.43%
shed 0.43% to $4.67 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.06%
rising 0.06% to 11,370.96 and the Dow Jones Industrial Average
DJIA,
-0.33%
falling 0.33% to 31,730.30. This was the ADR’s second consecutive day of losses. Nokia Corp. ADR closed $1.73 short of its 52-week high ($6.40), which the company reached on December 28th.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Telefon AB L.M. Ericsson ADR
ERIC,

remained unchanged, Cisco Systems Inc.
CSCO,
-0.74%
fell 0.74% to $48.29, and Hewlett Packard Enterprise Co.
HPE,
+0.26%
rose 0.26% to $15.62. Trading volume (48.5 M) eclipsed its 50-day average volume of 30.6 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-underperforms-thursday-when-compared-to-competitors-01652389825-b9327f743e10