The Nokia Corp. ADR
NOK,
-0.71%
sank 0.71% to $5.56 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.83%
falling 1.83% to 15,254.05 and Dow Jones Industrial Average
DJIA,
-1.34%
falling 1.34% to 34,022.04. This was the ADR’s second consecutive day of losses. Nokia Corp. ADR closed $4.23 short of its 52-week high ($9.79), which the company reached on January 27th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Telefon AB L.M. Ericsson ADR
ERIC,
+0.20%
rose 0.20% to $10.02, Cisco Systems Inc.
CSCO,
+0.35%
rose 0.35% to $55.03, and Hewlett Packard Enterprise Co.
HPE,
-0.98%
fell 0.98% to $14.21. Trading volume (25.1 M) eclipsed its 50-day average volume of 19.3 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.