Nokia Corp. ADR rises Wednesday, still underperforms market – MarketWatch

Nokia Corp. ADR rises Wednesday, still underperforms market – MarketWatch

The Nokia Corp. ADR
NOK,
+1.41%
rallied 1.41% to $5.77 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.08%
rising 2.08% to 14,490.37 and the Dow Jones Industrial Average
DJIA,
+0.86%
rising 0.86% to 35,768.06. Nokia Corp. ADR closed $0.63 short of 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 Wednesday, as Telefon AB L.M. Ericsson ADR
ERIC,
+1.19%
rose 1.19% to $12.75, Cisco Systems Inc.
CSCO,
+1.72%
rose 1.72% to $56.29, and Hewlett Packard Enterprise Co.
HPE,
+1.17%
rose 1.17% to $17.30. Trading volume (13.6 M) remained 12.1 million below its 50-day average volume of 25.7 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-rises-wednesday-still-underperforms-market-01644444721-a4fb493ab667