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

The Nokia Corp. ADR
NOK,
-2.28%
shed 2.28% to $5.56 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.34%
rising 0.34% to 15,649.60 and the Dow Jones Industrial Average
DJIA,
+0.39%
rising 0.39% to 36,052.63. Nokia Corp. ADR closed $4.23 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 Tuesday, as Telefon AB L.M. Ericsson ADR
ERIC,
-1.48%
fell 1.48% to $10.68, Cisco Systems Inc.
CSCO,
+2.71%
rose 2.71% to $57.62, and Hewlett Packard Enterprise Co.
HPE,
+1.87%
rose 1.87% to $15.24. Trading volume (17.7 M) remained 860,223 below its 50-day average volume of 18.6 M.

Source: https://www.marketwatch.com/story/nokia-corp-adr-underperforms-tuesday-when-compared-to-competitors-01635887530-a033dac355a3

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