The Nokia Corp. ADR
NOK,
-1.58%
slipped 1.58% to $5.59 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.04%
falling 0.04% to 15,853.85 and Dow Jones Industrial Average
DJIA,
-0.04%
falling 0.04% to 36,087.45. This was the ADR’s second consecutive day of losses. Nokia Corp. ADR closed $4.20 short of its 52-week high ($9.79), which the company reached on January 27th.
The ADR underperformed when compared to some of its competitors Monday, as Telefon AB L.M. Ericsson ADR
ERIC,
-1.27%
fell 1.27% to $10.85, Cisco Systems Inc.
CSCO,
+0.79%
rose 0.79% to $57.27, and Hewlett Packard Enterprise Co.
HPE,
+0.41%
rose 0.41% to $14.70. Trading volume (15.3 M) remained 3.9 million below its 50-day average volume of 19.2 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.
