Nokia Corp. ADR underperforms Tuesday when compared to competitors despite daily gains – MarketWatch

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The Nokia Corp. ADR
NOK,
+2.61%
rose 2.61% to $4.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.51%
rising 2.51% to 11,069.30 and the Dow Jones Industrial Average
DJIA,
+2.15%
rising 2.15% to 30,530.25. This was the ADR’s second consecutive day of gains. Nokia Corp. ADR closed $1.69 below its 52-week high ($6.40), which the company achieved on December 28th.

The ADR demonstrated a mixed performance when compared to some of its competitors Tuesday, as Telefon AB L.M. Ericsson ADR
ERIC,
+2.96%
rose 2.96% to $7.65, Cisco Systems Inc.
CSCO,
+1.73%
rose 1.73% to $44.14, and Hewlett Packard Enterprise Co.
HPE,
+3.58%
rose 3.58% to $13.90. Trading volume (28.1 M) remained 7.0 million below its 50-day average volume of 35.1 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-tuesday-when-compared-to-competitors-despite-daily-gains-01655845822-78f44cba3ac0